Published on 11 Apr 2023 on Insider Monkey via Yahoo Finance
Lions Gate Entertainment Corp. (LGF-B) Rebounds From “Absolutely Silly Prices”
Investment management company Cove Street Capital recently released its “Small Cap Value Fund” first quarter 2023 investor letter. A copy of the same can be downloaded here. In the first quarter, the fund returned 2.83% compared to 2.74% for the Russell 2000 Index and -0.66% for the Russell 2000 Value Index. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.
Cove Street Capital Small Cap Value Fund highlighted stocks like Lions Gate Entertainment Corp. (NYSE:LGF-B) in the first quarter 2023 investor letter. Headquartered in Santa Monica, California, Lions Gate Entertainment Corp. (NYSE:LGF-B) engages in film, television, subscription, and location-based entertainment businesses. On April 10, 2023, Lions Gate Entertainment Corp. (NYSE:LGF-B) stock closed at $10.67 per share. One-month return of Lions Gate Entertainment Corp. (NYSE:LGF-B) was 25.83%, and its shares lost 25.23% of their value over the last 52 weeks. Lions Gate Entertainment Corp. (NYSE:LGF-B) has a market capitalization of $2.504 billion.
Cove Street Capital Small Cap Value Fund made the following comment about Lions Gate Entertainment Corp. (NYSE:LGF-B) in its Q1 2023 investor letter: