Associated Capital Group To Spin-off Morgan Group Holding Co.
Associated Capital Group, Inc. (AC)
US:NYSE Investor Relations:
associated-capital-group.com/ir
Company Research
Source: Business Wire
GREENWICH, Conn.--(BUSINESS WIRE)--Associated Capital Group, Inc. (NYSE: AC), (“Associated Capital”), announced today that its Board of Directors has approved the spin-off of Morgan Group Holding Co. (“Morgan”, OTC: MGHL) to Associated Capital’s shareholders. Associated Capital will distribute to its shareholders on a pro rata basis the 50,000,000 shares of Morgan that Associated Capital owns. As of December 31, 2019 the book value of Morgan is $6,037,342 in the aggregate and $0.10 per share.Morgan, through its indirect, wholly-owned subsidiary, G.research, LLC (“G.research”), is an institutional research services firm founded in 1976. G.research is a broker-dealer registered under the Securities Exchange Act of 1934, as amended, that provides institutional research services and acts as an underwriter. This transaction is subject to regulatory approvals and there are no assurances that a transaction will be completed.About Associated Capital Group, Inc.Associated Capital, based in
Show less
Read more
Impact Snapshot
Event Time:
AC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AC alerts
High impacting Associated Capital Group, Inc. news events
Weekly update
A roundup of the hottest topics
AC
News
- Associated Capital Group, Inc. (NYSE: AC) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Associated Capital Group, Inc. (NYSE: AC) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Associated Capital Group, Inc. (NYSE: AC) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Associated Capital Reports Results for the Third Quarter 2024GlobeNewswire
- LICT Corporation Announces Continuation of Shareholder Designated Charitable Contribution Program [Yahoo! Finance]Yahoo! Finance
AC
Sec Filings
- 11/13/24 - Form 10-Q
- 11/8/24 - Form 8-K
- 10/7/24 - Form 8-K
- AC's page on the SEC website