Nova Lifestyle Inc. (NASDAQ: NVFY) Reports 51% YoY Growth In Q1 2021 Net Sales, Shares Drop 27%

July 12, 2021

Nova Lifestyle Inc. (NASDAQ: NVFY) lost 27.38% at the end of last week after trading on a heavy volume of around 3.93 million, which is higher than the daily average volume of 370,914. The day’s range was $4.29 to $4.9. Recently the company released its Q1 2021 financial results for the period ended March 31, 2021. Nova Lifestyles reports net sales of $3.3 in Q1 2021 The company reported net…