Immersion Investments, LLC and its Affiliates Issue Open Letter to Potbelly Corporation Urging Immediate Action to Maximize Value for its Shareholders [Yahoo! Finance]
Potbelly Corporation (PBPB)
Last potbelly corporation earnings: 2/25 04:05 pm
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US:NASDAQ Investor Relations:
investors.potbelly.com/investor-relations
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Source: Yahoo! Finance
NEEDHAM, Mass., October 21, 2024 BUSINESS WIRE )--Immersion Investments, LLC and its affiliates – a top 20 shareholder of Potbelly Corporation (PBPB), parent company of the quick service restaurant chain – today issued an open letter to Potbelly's Board of Directors and its management team urging immediate action to maximize value for shareholders. A full copy of the letter is below: Dear Members of Management and the Board of Directors, Immersion Investments, LLC, together with its affiliates (collectively, "we" or "Immersion"), holds 299,906 shares of Potbelly Corporation (PBPB) ("Potbelly" or the "Company") common stock, making us one of the company's largest shareholders. We believe Potbelly is an underappreciated growth story. The market continues to value the stock at a meaningful discount to peers despite readily obvious improvements to the existing business and growth profile. The status quo is unacceptable. As written by Rita Mae Brown, "The definition of insanity is
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News
- Q3 Modern Fast Food Earnings Review: First Prize Goes to Potbelly (NASDAQ:PBPB) [Yahoo! Finance]Yahoo! Finance
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- Potbelly Corp (PBPB) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ... [Yahoo! Finance]Yahoo! Finance
- Potbelly Accelerates Growth with Signed Commitments for 32 New U.S. Shops [Yahoo! Finance]Yahoo! Finance
- Potbelly Accelerates Growth with Signed Commitments for 32 New U.S. ShopsGlobeNewswire
PBPB
Earnings
- 11/7/24 - Beat
PBPB
Sec Filings
- 11/14/24 - Form SC
- 11/13/24 - Form SCHEDULE
- 11/12/24 - Form SC
- PBPB's page on the SEC website