Cardlytics: News Come In Sets Of Three
Something For Everyone: Nice, Eyebrow-Raising, And Very Positive
Introduction
This short post focuses on three noteworthy items I came across today.
For my most recent update please go to:
The Nice
and collaborate with Clarity Markets and you can get summary reports (with a one month delay) for free.Also, I would like to give a shout out to
as the free article below candidly discusses CDLX 0.00%↑ performance and the current situation:
The Eyebrow-Raising - Should I Worry?
Last night, Clifford Sosin’s CAS Investment Partners filed the intention to sell 1M shares. “The approximate date of sale is 12/03/2024 through 03/03/2025.”
Currently, the fund owns more than 10% of the company and owns a board seat.
While not a critical part of my thesis and insider selling can occur for various reasons, selling one-sixth of your stake draws my attention. After the sale, CAS Investment Partners will still own 5.4M shares and continue being a 10% owner.
The Very Positive - Potentially Big News
… sorry, but this is behind the paywall :) …