Hydrofarm (HYFM) Soars After $16M Aurora Peat Sale And Pivot
Hydrofarm Holdings Group Inc. (HYFM) shares surged over 360% after the company announced the $16 million sale of its Aurora Peat Products unit to Raven Holdings. This strategic move aims to pay down debt, exit capital-heavy peat harvesting, and pivot towards an asset-light, service-oriented …