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Why One Fund Dumped $5 Million in Brightstar Lottery Stock — and What It Bought Instead
The Motley Fool·2025-11-17 05:50

One fund’s exit hints at how fast conviction can shift even when an underlying business is flashing signs of recovery.On Friday, Denver-based 1060 Capital Management reported fully exiting its position in Brightstar Lottery (NYSE: BRSL) during the third quarter, reducing its stake by 307,200 shares for an estimated $4.9 million.What HappenedAccording to a filing with the Securities and Exchange Commission (SEC) released on Friday, 1060 Capital sold its entire Brightstar Lottery stake during the third quarte ...