Published on 27 Jul 2022 on Insider Monkey via Yahoo Finance

East 72 on Liberty Broadband (LBRDK): “Lining up With the Cable Cowboy”

East 72, an investment management company published its Q2, 2022 Investor Letter, a copy of which can be downloaded here. The quarterly gross return of the portfolio is -27.2% and the 12-month rolling return is -27.1%. The fund lost its value in the quarter and trails the S&P 500 Index, NASDAQ 100 Index, and ASX 200 Index. Go over the fund’s top 5 positions to have a glimpse of its finest picks for 2022.

In the Q2, 2022 investor letter East 72, emphasized Liberty Broadband Corporation (NASDAQ:LBDRK) and discussed the operations of the company. Liberty Broadband Corporation (NASDAQ:LBRDK) is a communication business provider and has a market capitalization of $19.477 billion. The company operates in GCI Holdings and Charter segments. The one-month return of Liberty Broadband Corporation (NASDAQ:LBRDK) is 6.97% while its 12-month return is -31.24%. The stock of Liberty Broadband Corporation (NASDAQ:LBRDK) closed at $121.45 per share on July 25, 2022.

Here is what East 72  specifically said about Liberty Broadband Corporation (NASDAQ:LBRDK) in its Q2, 2022 investor letter: