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Stock impact report

Do You Believe in the Growth Prospects of MGP Ingredients (MGPI)? [Yahoo! Finance]

MGP Ingredients, Inc. (MGPI) 
Last mgp ingredients, inc. earnings: 4/30 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.mgpingredients.com
Company Research Source: Yahoo! Finance
A copy of the letter can be downloaded here . In the first quarter of 2024, US indexes continued to exceed expectations. This rally was fueled by excitement surrounding artificial intelligence (AI), robust corporate earnings growth, declining inflation, and expectations for interest rate cuts. In this backdrop, Ariel Small Cap Value Tax-Exempt Composite rose +3.97% gross of fees (+3.71% net of fees) and outperformed the +2.90% return of the Russell 2000 Value Index but fell short of the +5.18% gain of the growthier Russell 2000 Index. In addition, you can check the top 5 holdings of the fund to know its best picks in 2024. Ariel Small Cap Value Strategy highlighted stocks like MGP Ingredients, Inc. (NASDAQ: MGPI ), in the first quarter 2024 investor letter. MGP Ingredients, Inc. (NASDAQ:MGPI) produces and distributes distilled spirits, branded spirits, and food ingredients. MGP Ingredients, Inc.'s (NASDAQ:MGPI) one-month return was -11.64%, and its shares lost 27.62% of their value Show less Read more
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