- Straight Path Communications (NYSEMKT:STRP) is up 7.8% this morning after an evening 13G filing from BlackRock shows a 5.3% stake.
- That's one of two filings in the past few days; Joseph Samberg filed an amended 13G showing a 7.2% stake in Class B common stock as well.
- The moves follow a number of increases from Lloyd Miller after a form 3 from him on Jan. 14.
- Since Miller's Jan. 14 filing, Straight Path shares have gained 55.5% -- though at $20.08, they're still well below 52-week highs of $50 hit before a pair of short theses sent the stock reeling in the fall.
- Previously: Straight Path +11%; IDT -4% as GeoTeam weighs in on FCC issue (Jan. 21 2016)
- Previously: Straight Path makes biggest moves since Halloween short cases (Dec. 22 2015)
- Previously: Straight Path surges for second day, +26% on court victory (Nov. 25 2015)
- Previously: Straight Path +26.1% as activist Miller discloses 7.5% stake (Nov. 24 2015)
Straight Path +7.8% after BlackRock reports 5.3% stake
Recommended For You
Related Stocks
| Symbol | Last Price | % Chg |
|---|---|---|
| STRP | - | - |
| Straight Path Communications Inc. | ||