Nierenberg Investment Management commends on potential growth and improved performance at Potbelly Corporation (PBPB)
Key Summary: On July 21, 2022, Nierenberg Investment Management stated the Company is undervalued and projected long-term growth through franchising. On August 7, 2023, they restated their 13D, anticipating a 7-9 times share price increase by 2032, recommending share buybacks, debt repayment, and cost reductions. On December 21, 2023, they expressed sat…