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Posted by
Two Blokes May 21, 2025 -
Filed in
Stock
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5 views
Compass Diversified (CODI) dropped 62% on May 8 due to an internal investigation of subsidiary Lugano Holding. It has recovered slightly since. Despite the bad news, I believe the market overreacted, presenting an opportunity for risk-tolerant investors to profit from a potential turnaround. The issue was self-reported and contained, which is better than if it had been discovered by external regulators or short sellers.
