Reported about 11 hours ago
In its second-quarter 2025 investor letter, Baron Small Cap Fund disclosed that it sold its position in Utz Brands, Inc. (NYSE: UTZ) due to slower-than-expected sales and earnings growth amidst a competitive market and declining consumer spending. Despite a recent one-month gain of 8.20%, the company’s stock has lost 22.65% over the past year. Baron Funds believes better investment opportunities exist elsewhere.
Source: YAHOO