Palm Valley Capital Fund Divests Seaboard Corporation as Valuation Surpasses Expectations

Reported about 15 hours ago

Palm Valley Capital Fund recently announced the sale of its holdings in Seaboard Corporation (SEB) after the stock's value, which had increased significantly, exceeded the fund's valuation expectations. Despite Seaboard’s robust performance over the past year and its ongoing strategic shifts in various industries, the fund opted to exit its investment as part of their third-quarter strategy. The move reflects broader market trends where small-cap stocks have outperformed large caps during this period.

Source: YAHOO

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