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LLSCX (Longleaf Partners Smallcap) spike in July 2020?
LLSCX had a tremendous spike at the end of July 2020; on 7/28/2020 the NAV was 20.03 and on 7/29/2020 it was 29.39. Up by almost 50% in one day! Does anyone know what happened? It looks like an anomalous pricing of an underlying asset which quickly reverted to the mean. If it was a reverse share split it shouldn't have reverted so quickly. Within a few days it was back down into the low 20s.
Agree with Lewis. Also, Google U.S. International Development Finance Corporation and Peter Navarro. I believe Kodak's highest closing price was in the $30s before everything fell apart.
There was some discussions in August concerning Kodak.
Comments
There was some discussions in August concerning Kodak.
https://www.mutualfundobserver.com/discuss/discussion/56594/eastman-kodak-stock-price-surge
https://www.mutualfundobserver.com/discuss/discussion/56598/kodak-shifts-into-drug-production
I am sure Longleaf sold its 4M shares at a profit:
https://money.cnn.com/quote/shareholders/shareholders.html?symb=KODK&subView=institutional