Elme Communities: Value In Liquidation

Core Viewpoint - Elme Communities (ELME) experienced a significant stock price decline of over 80%, attributed to a substantial special dividend as the company is exiting its current operations [1] Company Summary - Elme Communities is a Real Estate Investment Trust (REIT) that is undergoing a transition, leading to the drastic stock price movement [1] - The special dividend is a key factor in the stock's volatility, indicating a strategic shift in the company's operations [1]