Above Food: Merger Intrigue Merits Extreme Caution [Seeking Alpha]
Above Food Ingredients Inc. (ABVE)
Company Research
Source: Seeking Alpha
ABVE's legacy plant-based food business is weak, with recent restructuring, ongoing losses, and a lack of updated financial filings fueling caution. The stock's rally is driven by a proposed merger with Palm Global Technologies, but details remain opaque and the deal's completion is uncertain. I rate ABVE a 'sell' due to extreme uncertainty, lack of transparency, and high risk; long-term investors should avoid the stock entirely. asbe/iStock via Getty Images Shares of Above Food Ingredients Inc. ( NASDAQ: ABVE ) have been an absolutely staggering performer over the past year, gaining 700%. Shares have definitely been caught up in a bit of the speculative wave that has taken the This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving comp
Show less
Read more
Impact Snapshot
Event Time:
ABVE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ABVE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ABVE alerts
High impacting Above Food Ingredients Inc. news events
Weekly update
A roundup of the hottest topics
ABVE
News
- Above Food Ingredients Inc. Announces Major Strategic Milestones, Merger Advancement with Palm Global, and Expected Profit Exceeding $30 Million for Fiscal Year Ended January 31, 2026PR Newswire
- Above Food Congratulates Merger Partner Palm Global Technologies and Subsidiary Palm Promax Investments on Landmark Burkina Faso Stablecoin Agreement and Multi-Trillion-Dollar Gold- and Mineral-Backed Asset CommitmentPR Newswire
- Above Food Congratulates Merger Partner Palm Global Technologies and Subsidiary Palm Promax Investments on Landmark Burkina Faso Stablecoin Agreement and Multi-Trillion-Dollar Gold- and Mineral-Backed Asset CommitmentPR Newswire
- Above Food Congratulates Merger Partner Palm Global Technologies and Subsidiary Palm Promax Investments on Landmark Burkina Faso Stablecoin Agreement and Multi-Trillion-Dollar Gold- and Mineral-Backed Asset CommitmentPR Newswire
ABVE
Sec Filings
- 12/2/25 - Form 6-K
- 11/28/25 - Form 6-K
- 9/8/25 - Form 6-K
- ABVE's page on the SEC website