Company that owns a single NJ deli soars to $100M value on stock market

A company that owns a single deli in south New Jersey became worth more than $100 million on the stock market in recent months — marking the latest oddity of the “meme stock” era.

Hometown International Inc. amassed the meaty valuation even though its sole business engine is Your Hometown Deli, a “home-style” eatery in Paulsboro, New Jersey, just across the Delaware River from Philadelphia International Airport. Its president and CEO is Paulsboro local Paul Morina, a former member of the town council and current principal of the nearby Paulsboro High School, where he’s also coached the wrestling team to 25 class state championships, according to his company bio.