Daktronics stock recovers losses after the ‘going concern’ announcement; its largest shareholder Alta Fox has made a 20% profit in 4 months (Billboard Insider)
Billboard Insider’s take: Crisis is opportunity. If you bought the Daktronics stock just after the going concern announcement you’d be sitting on a 128% gain in less than two months. The hedge fund Alta Fox which owns 2.6 million shares of Daktronics stock at an average purchase price of $3.33 has made a 20% profit on its investment in approximately 4 months. […]
Tue, Jan 31, 2023 at 6:41 PM