Institutional Investors Dumping Compass Real Estate Stock
More institutional investors dumped shares in Compass last quarter as the brokerage's losses continued to pile up.Robert Citrone's Discovery Capital Management and Montreal-based Wishbone Management were among the firms that sold large amounts of Compass stock in the fourth quarter, liquidating 25 and 30 percent of their holdings, respectively, filings with the Securities and Exchange Commission show.
More institutional investors dumped shares in Compass last quarter as the brokerage's losses continued to pile up.Robert Citrone's Discovery Capital Management and Montreal-based Wishbone Management were among the firms that sold large amounts of Compass stock in the fourth quarter, liquidating 25 and 30 percent of their holdings, respectively, filings with the Securities and Exchange Commission show.
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