Qurate Retail Inc QRTEA:NASDAQ

Last Price$3.63NASDAQ Closing Price as of 4:00PM ET 5/16/22

Today's Change-0.21(5.47%)
Bid (Size)$3.63 (1,281)
Ask (Size)$3.75 (27)
Day Low / High$3.63 - 3.89
Volume10.7 M

Qurate Retail's QVC Says Fire at North Carolina Fulfillment Center Causes Closure; Shares Drop Pre-Bell

9:37AM ET 12/20/2021 MT Newswires
Qurate Retail (QRTEA) subsidiary QVC said Monday that due to a fire at its QVC Rocky Mount, Inc. fulfillment center in North Carolina, the center will be closed until further notice.

The shopping channel said it will continue to pay the salaries of employees who are unable to work due to the facility closure through at least the end of December. It also said it is working with state and local authorities in their investigation of the fire.

Rocky Mount is the company's second-largest fulfillment center, processing around 25% to 30% of volume for both CVC and HSN businesses, according to the statement.

Shares of Qurate Retail are down more than 6% in premarket trading.