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This Stock Is Up 38% in the Past Year but Just Saw a Big Portfolio Cut
The Motley Fool· 2025-12-21 07:10
The sale came even as the business kept firing, forcing a hard look at whether volatility or fundamentals were really driving the decision.California-based Global IMC disclosed a significant reduction in its Sportradar Group AG (SRAD 0.09%) stake, trimming approximately $7.25 million in value, according to a November 14 SEC filing.What HappenedAccording to a November 14 SEC filing, Global IMC LLC sold 253,168 shares of Sportradar Group AG (SRAD 0.09%) during the third quarter. The transaction, valued at abo ...