Contributor Since 2008
Javo Beverage is down 28% today in early morning trading, and it looks like a larger shareholder is liquidating shares. Usually if smaller companies have institutional shareholders and they don't perform after a few quarters a fund will exit. I have not confirmed this, but as a fund manager I was often the one pulling the trigger exiting thinly traded microcaps that didn't pan out.
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Disclosure: No Position