Agrify AGFY shares increased by 37.6% to $42.0, while American Rebel Holdings AREB shares decreased by 34.2% to $0.72. Other industrials stocks moving in Thursday's intraday session include 374Water SCWO, Wheels Up Experience UP, Nixxy NIXX, Zooz Power ZOOZ, Erayak Power Solution Gr RAYA, DSS DSS, Mint MIMI, Earlyworks Co ELWS, and iPower IPW.
Agrify Inc. (AGFY), formerly known as Agrify Corporation, saw its shares increase by 37.6% to $42.00 on Thursday, July 2, 2025, according to Yahoo Finance [1]. This significant rise comes as the company undergoes a strategic rebranding to operate under the name RYTHM, Inc., effective September 2, 2025 [2]. The new ticker symbol for the company will be "RYM."
The rebranding initiative follows a substantial acquisition of intellectual property from Green Thumb Industries, including cannabis-related brands such as RYTHM, Dogwalkers, and Beboe, for a transaction valued at $50 million [2]. This strategic move is aimed at driving future growth by leveraging the acquired brands' market presence and expanding Agrify's product offerings.
In contrast, American Rebel Holdings (AREB) faced a challenging day as its shares decreased by 34.2% to $0.72. The company has filed a timely hearing request with Nasdaq ahead of the August 27, 2025, deadline, temporarily staying any suspension of trading or delisting action pending the Panel's decision [3]. American Rebel Holdings is navigating a critical Nasdaq compliance issue centered on its failure to maintain the minimum $2.5 million stockholders' equity requirement under Rule 5550(b)(1).
Other industrials stocks moving in Thursday's intraday session included 374Water SCWO, Wheels Up Experience UP, Nixxy NIXX, Zooz Power ZOOZ, Erayak Power Solution Gr RAYA, DSS DSS, Mint MIMI, Earlyworks Co ELWS, and iPower IPW.
References:
[1] https://finance.yahoo.com/quote/AGFY/
[2] https://www.gurufocus.com/news/3083317/agrify-agfy-rebrands-as-rythm-inc-following-strategic-acquisition
[3] https://www.stocktitan.net/news/AREBW/american-rebel-holdings-files-timely-nasdaq-hearing-request-ahead-of-yskzi74p1wn8.html
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