Benzinga | Feb 16, 2021 12:10PM EST

Why GrowGeneration's Stock Is Trading Higher Today

GrowGeneration (NASDAQ:GRWG) shares are trading higher Tuesday after the company acquired Grow Warehouse.

GrowGeneration Corp owns and operates specialty retail hydroponic and organic gardening stores. The firm is a marketer and distributor of nutrients, growing media, advanced indoor and greenhouse lighting, ventilation systems and accessories for hydroponic gardening.

GrowGeneration shares were trading up 7.02% at $60.95. The stock has a 52-week high of $67.75 and a 52-week low of $2.62.