Why a Fund Just Added $18.5 Million to Grocery Outlet Despite a 40% One-Year Stock Slide

The stock has been punished, margins are under pressure, and yet one investor just leaned in hard. Here’s what they may be seeing that the market is missing.New York City-based Rivermont Capital Management disclosed a buy of Grocery Outlet (GO +0.10%) shares, increasing its position by nearly 1.1 million shares in an estimated $18.51 million position change, per a November 13 SEC filing.What HappenedAccording to a filing with the Securities and Exchange Commission dated November 13, Rivermont Capital Manage ...