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GAM plans £87m rights issue to shore up balance sheet as losses mount

GAM Investments plans to raise up to CHF 100m (£87.5m) via a rights issue to shore up its finances after reporting heavy losses in 2023.
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Annual Results , Nderlying Losses Before Tax , Takeover Bid , Stock Investment , Elmar Zumbuehl ,

Wolverine Asset Management LLC Acquires 2,093 Shares of General American Investors Company, Inc. (NYSE:GAM)

Wolverine Asset Management LLC raised its stake in General American Investors Company, Inc. (NYSE:GAM – Free Report) by 5.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 44,373 shares of the investment management company’s stock after purchasing an additional 2,093 shares during the quarter. Wolverine Asset Management […] ....

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General American Investors (NYSE:GAM) Hits New 52-Week High at $45.04

General American Investors Company, Inc. (NYSE:GAM – Get Free Report)’s stock price hit a new 52-week high on Thursday . The company traded as high as $45.04 and last traded at $45.04, with a volume of 9296 shares changing hands. The stock had previously closed at $44.73. General American Investors Price Performance The company has […] ....

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General American Investors (NYSE:GAM) Reaches New 12-Month High at $44.63

Shares of General American Investors Company, Inc. (NYSE:GAM – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $44.63 and last traded at $44.60, with a volume of 1143 shares. The stock had previously closed at $44.54. General American Investors Trading Up 0.7 % […] ....

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General American Investors Company, Inc. (NYSE:GAM) is Atlas Wealth LLC's 10th Largest Position

Atlas Wealth LLC lessened its position in General American Investors Company, Inc. (NYSE:GAM – Free Report) by 0.2% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 370,209 shares of the investment management company’s stock after selling 654 shares during the quarter. […] ....

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