B. Riley: Unsustainable Profitability And Eroding Net Asset Value
RILYB. Riley Financial(RILY) Seeking Alpha·2024-06-16 21:14

Sergey Dementyev/iStock via Getty Images Performance Assessment In my last coverage of B. Riley (NASDAQ:RILY) on Feb 18, 2024, I had issued a 'Strong Sell' rating. But shortly after, as I noticed a short squeeze was beginning, I updated my stance on Feb 27, 2024 to a 'Neutral/Hold', communicating this in a pinned comment: Pinned Comment from Author's Last RILY Article (Author's Last RILY Article's Comment Section, Seeking Alpha) From Feb 18 2024 to Feb 27 2024, RILY delivered a total shareholder return of - ...