Why One Fund Made an $11 Million Bet on TaskUs Despite a Steep 32% Stock Drop

Key Points Zurich-based PSquared Asset Management acquired 635,084 shares of TaskUs in the third quarter. The shares were worth an estimated $11.34 million as of September 30. The position represents 9.0% of reportable U.S. equity assets for the fund. These 10 stocks could mint the next wave of millionaires › On November 13, Zurich-based PSquared Asset Management disclosed a new position in TaskUs (NASDAQ:TASK), acquiring 635,084 shares valued at approximately$ 11.34 million. What Happened Acc ...