Welcome to our dedicated page for 180 Degree Capital news (Ticker: TURN), a resource for investors and traders seeking the latest updates and insights on 180 Degree Capital stock.
180 Degree Capital Corp. (symbol: TURN) is a publicly traded registered closed-end fund specializing in investing in undervalued small-cap companies with significant turnaround potential. The company's strategy hinges on constructive activism to unlock value in these firms, aiming for a 180-degree transformation in their performance and market perception.
Founded on the principles of long-term capital appreciation, 180 Degree Capital Corp. focuses on sectors driven by disruptive technologies, particularly in the life sciences, precision medicine, and health industries. As a non-diversified closed-end management investment company, TURN offers a unique investment approach by combining venture capital insights with strategic activism.
Recent achievements include successful investments and strategic partnerships that have led to substantial milestones in the portfolio companies' growth and market presence. The company continually evaluates new opportunities to invest in businesses that exhibit strong potential for innovation and market scalability.
180 Degree Capital Corp.'s operations are geared towards providing support and resources to its portfolio companies, enabling them to commercialize and integrate their products effectively. The firm leverages its expertise in financial services and industry-specific knowledge to foster growth and drive transformational outcomes.
For more detailed information and the latest updates, visit their website.
180 Degree Capital Corp. (NASDAQ:TURN) has issued a letter to the Board of Directors of Comscore, Inc. (SCOR), demanding significant changes to governance practices. Key demands include ceasing the payment of Series B Preferred Stock dividends in additional shares and reducing director compensation. The letter criticizes the performance of SCOR's stock, which has decreased by 65.7% since March 2021, compared to a 19.4% decline in the Russell 2000 Index. It further calls for the removal of Lead Independent Director Brent Rosenthal and the appointment of Jon Carpenter to the Board. The letter accuses the current Board of focusing on personal gains at the expense of common stockholders and emphasizes the need for alignment between preferred and common stockholder interests.
FAQ
What is the current stock price of 180 Degree Capital (TURN)?
What is the market cap of 180 Degree Capital (TURN)?
What is 180 Degree Capital Corp. (TURN)?
What is the main investment strategy of 180 Degree Capital Corp.?
Which sectors does 180 Degree Capital Corp. focus on?
What type of company is 180 Degree Capital Corp.?
How does 180 Degree Capital Corp. assist its portfolio companies?
Where can I find more information about 180 Degree Capital Corp.?
What is the ticker symbol of 180 Degree Capital Corp.?
Who can I contact for press inquiries?
What is the core mission of 180 Degree Capital Corp.?
What recent achievements has 180 Degree Capital Corp. accomplished?
