Last Price$3.03Cboe Real-Time Last Sale as of 2:40PM ET 6/03/20
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Today's Change+0.15(5.21%)
Bid (Size)$3.02 (100)
Ask (Size)$3.04 (300)
Day Low / High$2.93 - 3.09
Volume461.9 K

Roumell Asset Management Seeks Three Board Seats and Sale of ZAGG

3:45PM ET 4/03/2020 MT Newswires
Roumell Asset Management is seeking three board seats and asking ZAGG (ZAGG) to restart the process of selling the company to maximize value for shareholders, a regulatory filing showed on Friday. It holds a 4% stake in the firm.

After sending a letter to the board, the fund said it has had constructive talks with the board and expects to continue their dialogue, adding that the firm could benefit by adding new directors to help determine the best path forward for the company.

The stock was 3% lower in afternoon trading amid a fall in broader markets.

Price: 2.71, Change: -0.09, Percent Change: -3.05