Snowball Research

Snowball Research

Galloway Calls for Strategic Action at WidePoint Corporation (WYY) Amidst Stock Performance Concerns

Jul 05, 2024
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Key Summary: On October 26, 2023, Galloway (4.3%) expressed disappointment in the company's stock decline from $15.50 to $1.66 per share over three years and recommended exploring strategic alternatives, including a sale, and adding a board member with public board and capital markets experience. Previously, in 2017, Nokomis Capital (15.4%) engaged with…

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