What's Behind This New $4 Million Bet on a Beaten-Down Mall Owner Lagging the Broader Market?

Key Points California-based Triad Investment Management bought 206,916 shares of Macerich in the fourth quarter; the estimated transaction value was $3.82 million based on quarterly average pricing. Meanwhile, the quarter-end position value increased by $3.82 million as a result of the new purchase. The fund now holds 206,916 MAC shares valued at $3.82 million as of December 31. These 10 stocks could mint the next wave of millionaires › California-based Triad Investment Management initiated a ne ...