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Stock impact report

Here's Why Palm Valley Capital Fund Sold Nathan's Famous (NATH) [Yahoo! Finance]

Nathan's Famous, Inc. (NATH) 
Company Research Source: Yahoo! Finance
A copy of the letter can be downloaded here . In the third quarter, Palm Valley Capital Fund increased 2.43% compared to a 10.13% and 8.48% return for the S&P SmallCap 600 Index and the Morningstar Small Cap Index, respectively. During the quarter the equity positions in the Fund increased by 8.32% slightly below small-cap benchmarks. Cash equivalents comprised 81.5% of the fund's assets at the period's end. In addition, please check the fund's top five holdings to know its best picks in 2024. Palm Valley Capital Fund highlighted stocks like Nathan's Famous, Inc. (NASDAQ: NATH ), in the third quarter 2024 investor letter. Nathan's Famous, Inc. (NASDAQ:NATH) operates in the food service industry and owns and franchises restaurants. The one-month return of Nathan's Famous, Inc. (NASDAQ:NATH) was 4.71%, and its shares gained 15.88% of their value over the last 52 weeks. On October 3, 2024, Nathan's Famous, Inc. (NASDAQ:NATH) stock closed at $80.50 per share with a market capitalization Show less Read more
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