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Private Equity-Style Fund Buys $15.7 Million in Harrow Stock as Revenue Jumps 45%

Harrow’s accelerating revenue and expanding product portfolio may help explain why a fundamentals-focused investment firm just made it a new position.Philadelphia-based Penn Capital Management Company disclosed a new position in Harrow (HROW +0.68%) on Monday, acquiring 325,478 shares valued at approximately 15.7millionduringthethirdquarter.WhatHappenedPennCapitalManagementCompanyreportedanewequitystakeinHarrow(HROW+0.6815.7 million during the third quarter.What HappenedPenn Capital Management Company reported a new equity stake in Harrow (HROW +0.68%), acquiring 325,478 shares with an estimated value of 15.7 million ...