180 Degree Capital Corp. Notes Average Discount of Net Asset Value per Share to Stock Price for Eleventh Month of Initial Measurement Period of Its Discount Management Program
MONTCLAIR, N.J., Dec. 02, 2024 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (“180 Degree Capital”) (NASDAQ: TURN), noted today that the average discount between its estimated daily net asset value per share (“NAV”) and its daily closing stock price during November 2024 and year-to-date through the end of November 2024, were approximately 21% and 20%, respectively.1 This discount was approximately 26% on November 29, 2024, the last day of trading of the month. As previously disclosed in a press release on No ...