Here’s Why Aspen Group (ASPU) Landed in Wasatch Micro Cap Value Fund’s Detractor List
Wasatch Global Investors, an investment management firm, published its “Wasatch Micro Cap Value Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 14.74% was recorded by the fund’s investor class for the Q1 of 2021, trailing the benchmark, Russell Microcap® Index, which leapt 23.89% for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Wasatch Micro Cap Value Fund, in its Q1 2021 investor letter, mentioned Aspen Group, Inc. (NASDAQ: ASPU), and shared their insights on the company. Aspen Group, Inc. is a New York, New York-based education technology holding company that currently has a $130.2 million market capitalization. Since the beginning of the year, ASPU delivered a -53.10% return, while its 12-month gains are down by -31.76%. As of May 10, 2021, the stock closed at $5.22 per share.
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Things to Consider:
Luminar Technologies (NASDAQ:LAZR).
The smallest company by market cap to set a new 52-week low was
Enservco (AMEX:ENSV).
Idera Pharmaceuticals (NASDAQ:IDRA) s stock traded down the lowest, falling 2.21% to reach a new 52-week low.
Here is a list of stocks that set new 52-week lows during the first half-hour of trading on Thursday:
Luminar Technologies (NASDAQ:LAZR) shares set a new yearly low of $18.71 this morning. The stock was down 0.94% on the session.
Fisker (NYSE:FSR) stock hit a yearly low of $13.93. The stock was up 0.28% for the day.
Hyliion Holdings (NYSE:HYLN) shares set a new yearly low of $9.33 this morning. The stock was down 0.37% on the session.
Wednesday morning saw 8 companies set new 52-week lows.
Highlights: VG Acquisition (NYSE:VGAC) was the largest, in terms of market cap, to set .