Plby Group Inc
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Consumer Discretionary : Textiles, Apparel & Luxury Goods | Small Cap Growth
Company profile

PLBY Group, Inc., formerly Mountain Crest Acquisition Corp, is a leisure lifestyle company and owner of Playboy brand. The Company is principally engaged in connecting consumers around the world with products, services, and experiences. It has three reportable segments: Licensing, which includes licensing of Playboy brands to third parties; Direct-to-Consumer, including sales of third-party products through its owned-and-operated ecommerce platforms; and Digital Subscriptions and Content, including the sale of subscriptions to Playboy programming and trademark licensing for online gaming products. The Company's products are classified under four market categories: Sexual Wellness, including intimacy products and lingerie; Style and Apparel, including a variety of apparel and accessories products for men and women; Gaming and Lifestyle, such as digital gaming, hospitality and spirits; and, Beauty and Grooming, including fragrance, skincare, grooming and cosmetics for women and men.

Closing Price
$22.94
Day's Change
0.06 (0.26%)
Bid
--
Ask
--
B/A Size
--
Day's High
23.50
Day's Low
22.71
Volume
(Heavy Day)
Volume:
1,909,836

10-day average volume:
792,802
1,909,836

Central banks worry that some tech giants have become too big to fail--Reuters

11:21 am ET August 20, 2021 (MarketWatch)
Print

Central bank regulators have been grappling with technology companies such as Alphabet Inc. (GOOGL), Amazon.com Inc. (AMZN) and Microsoft Corp. (MSFT) that have become too big to fail because they provide a backbone to the global financial system, Reuters reported on Friday (https://www.reuters.com/world/the-great-reboot/bank-regulators-tech-giants-are-now-too-big-fail-2021-08-20/). Critical operations such as payments, online banking and cloud-based transactions have created a step up in potential risks to the financial system, central bank sources told Reuters. A technology problem or security breach at one cloud company could trigger shutdowns in key services across multiple banks and countries and undermine confidence in the financial system, regulators told Reuters. The U.S. Treasury, European Union, Bank of England and Bank of France have ramped up efforts to scrutinize cloud technology to mitigate the risks of banks relying on a small group of tech firms or cloud providers.

-MarketWatch

	

(END) Dow Jones Newswires

August 20, 2021 11:21 ET (15:21 GMT)

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