180 Degree Capital Corp. Notes Average Discount of Net Asset Value per Share to Stock Price for Third Month of Initial Measurement Period of its Discount Management Program
MONTCLAIR, N.J., April 01, 2024 (GLOBE NEWSWIRE) — 180 Degree Capital Corp. (“180 Degree Capital”) (NASDAQ:TURN), noted today that the average discount between its estimated daily net asset value per share (“NAV”) and its daily closing stock price during March 2024 and year-to-date through the end of March 2024, were approximately 20% and 22%, respectively.1 This discount was approximately 16% on March 31, 2024.