180 Degree Capital Corp. Notes Average Discount of Net Asset Value per Share to Stock Price for Fifth Month of Initial Measurement Period of Its Discount Management Program
TURN180 Degree Capital (TURN) Newsfilter·2024-06-03 21:00

MONTCLAIR, N.J., June 03, 2024 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. ("180 Degree Capital") (NASDAQ:TURN), noted today that the average discount between its estimated daily net asset value per share ("NAV") and its daily closing stock price during May 2024 and year-to-date through the end of May 2024, were approximately 18% and 20%, respectively.1 This discount was approximately 19% on May 31, 2024. As previously disclosed in a press release on November 13, 2023, 180 Degree Capital's Board of Directo ...