Reported 1 day ago
EZCORP, a pawn service provider, has seen a surge in stock value due to its counter-cyclical demand, as detailed in the Wasatch Micro-Cap Fund's Q1 2025 investor letter. Despite a -17.98% one-month return, the company's shares increased by 31.08% over the last year, closing at $13.37 with a market capitalization of $817.092 million. As economic conditions strain discretionary income, EZCORP serves as a viable source of consumer credit. The firm is also restructuring its balance sheet by issuing convertible senior notes.
Source: YAHOO