LQR House Shares Rally on Proposed Special Dividend

LQR House shares rose sharply in early trading Monday after the e-commerce platform focused on the spirits and beverage industry said it is considering a special dividend.

Shares of the Miami Beach, Fla., company were recently changing hands at $4.95, up 12%.

LQR House on Monday said its board will meet Friday to deliberate on a proposed special payout of up to $1 a share.

The company said the proposed dividend underscores its confidence in its financial position and outlook.

Write to Colin Kellaher at colin.kellaher@wsj.com

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