Reservoir Has ‘Substantially Undervalued’ Shares and Should Launch ‘A Full Strategic Review,’ Activist Investor Says — The Company Promptly Responds

Reservoir Media stock (NASDAQ: RSVR) is “substantially undervalued” – at least according to Irenic Capital Management, which owns about 8.1% of shares and is now demanding “a full strategic review.” New York City-headquartered Irenic Capital just recently expressed that clear-cut position in a regulatory filing. According to the document, the signatory entity possesses just shy […]