Like Sands through an Hourglass
Investor David Nierenberg continues to acquire more stock in Move. In the past week, his entities have acquired roughly another 530,000 shares.
Across four entities in this filing, he collectively owns nearly 21 million shares out of a total of 151 million, or roughly 14% of the company.
More detail about his recent movements and the company’s first quarter results here.
Also see this post back in December where I pondered why the stock is so cheap.
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