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B. Riley Financial, Inc. Bolsters Portfolio with Synchronoss Technologies Inc Acquisition

B. Riley Financial, Inc. (Trades, Portfolio) has recently expanded its investment portfolio by adding a significant number of shares in Synchronoss Technologies Inc (NASDAQ:SNCR). This move, executed on November 13, 2023, reflects the firm's strategic approach to investing and highlights its confidence in the future of Synchronoss Technologies Inc. The transaction details reveal a substantial increase in B. Riley Financial's stake in the company, which is poised to have a notable impact on its investment portfolio. As a prominent investment firm, B. Riley Financial, Inc. (Trades, Portfolio) operates with a distinct investment philosophy that guides its portfolio decisions. ....

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