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Eastside Distilling Launches Beeline Financial with AI Focus
Company Announcements

Eastside Distilling Launches Beeline Financial with AI Focus

Story Highlights
  • Eastside Distilling launched its online mortgage business, Beeline Financial Holdings.
  • This strategic shift aims to create value by simplifying the mortgage process using AI technology.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

Eastside Distilling ( (EAST) ) just unveiled an announcement.

On January 22, 2025, Eastside Distilling, Inc. announced a strategic pivot by launching its online mortgage business, Beeline Financial Holdings, Inc., adopting a new trading symbol ‘BLNE’ to reflect this shift. This move signifies a transformative step for the company, leveraging AI technology to simplify the mortgage process, aiming to create exceptional value for shareholders, customers, and partners, with trading under the new ticker symbol beginning on January 27, 2025.

More about Eastside Distilling

Eastside Distilling, Inc. is a producer of award-winning craft spirits, including whiskey, vodka, and rum. Founded in Portland, OR, Eastside is committed to quality, innovation, and sustainability, delivering exceptional products that reflect the spirit of the Pacific Northwest.

YTD Price Performance: 3.41%

Average Trading Volume: 135,977

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $4.12M

Find detailed analytics on EAST stock on TipRanks’ Stock Analysis page.

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