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Stock impact report

Why One Fund Made Ramaco Resources a $182 Million Bet Amid a Staggering Stock Surge [Yahoo! Finance]

Ramaco Resources, Inc. (METC) 
Last ramaco resources, inc. earnings: 2/20 04:59 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The overall position increased in value by about $164.67 million. As of September 30, Discovery Capital held 5.53 million shares of Ramaco valued at $182.21 million, making it the fund's largest holding. These 10 stocks could mint the next wave of millionaires › On November 14, Connecticut-based Discovery Capital Management disclosed a significant buy in Ramaco Resources (NASDAQ:METC) , increasing its stake by 4.18 million shares and seeing the overall position climb by about $164.67 million in value. According to an SEC filing dated November 14, Connecticut-based Discovery Capital Management added 4.18 million shares of Ramaco Resources during the third quarter. The fund's stake rose to 5.53 million shares with a quarter-end market value of $182.21 million, reflecting a $164.67 million increase from the prior period. Ramaco Resources now accounts for about 10% of Discovery's reportable U.S. equity AUM, making it the fund's largest holding. Top holdings after the filing: Show less Read more
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