Fri 04/03/2020 15:51 PM
Takeaways:
- Activist fund Raging Capital Management has initiated the process of winding down amid recent poor performance, four sources familiar with the situation said.
- Raging decided to close shop after the fund's poor performance in the first quarter, one source said.
- In March alone, Raging experienced losses of about 23%, precipitated by the recent market volatility caused by the coronavirus pandemic, the first source said.
Activist fund Raging Capital Management has...
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