Published on 11 Apr 2024 on Insider Monkey via Yahoo Finance

Here’s Why Liberty TripAdvisor Holdings (LTRPA) Rose in Q1

Investment management company Cove Street Capital recently released its “Small Cap Value Fund” first quarter 2024 investor letter. A copy of the same can be downloaded here. In the first quarter, the fund returned 1.61% compared to 5.18% for the Russell 2000 Index and 2.90% for the Russell 2000 Value Index. The first quarter of calendar year 2024 was mostly more of the recent same. US investors focused on the Federal Reserve’s comments and still expecting interest rate cuts in 2024. In addition, you can check the top 5 holdings of the fund to know its best picks in 2024.

Cove Street Small Cap Value Fund featured stocks like Liberty Tripadvisor Holdings Inc. (OTC:LTRPA) in the first quarter 2024 investor letter. Headquartered in Englewood, Colorado, Liberty Tripadvisor Holdings Inc. (OTC:LTRPA) is a travel guidance platform. On April 10, 2024, Liberty Tripadvisor Holdings Inc. (OTC:LTRPA) stock closed at $1.52 per share. One-month return of Liberty Tripadvisor Holdings Inc. (OTC:LTRPA) was 2.01%, and its shares gained 94.90% of their value over the last 52 weeks. Liberty Tripadvisor Holdings Inc. (OTC:LTRPA) has a market capitalization of $139.914 million.

Cove Street Small Cap Value Fund stated the following regarding Liberty Tripadvisor Holdings Inc. (OTC:LTRPA) in its first quarter 2024 investor letter: