Askeladden Capital Announces Activist Position in MiX Telematics (MIXT)
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/24/2026
- Wall Street ends down as oil prices, Treasury yields rise
- BTIG’s Krinsky warns 2000-like signals are mounting
- HSBC remains max bullish on stocks, tells investors to lean into tech
- Analyst explains why the midterm outcome is a “fundamental non-event”
- Oil settles up around 4% as Iran's president vows to never surrender
- Wall Street ends down as oil prices, Treasury yields rise
- Anthropic's Claude AI identifies novel enzyme system in DNA search
- AppLovin (APP) on watch amid 3% drop premarket as boutique comments circulate
- Plug Power COO resigns to join another company
- Xtend AI Robotics wins Phase III of USSOCOM lethal drone program
Askeladden Capital Announces Activist Position in MiX Telematics (NYSE:MIXT)
October 31, 2022 6:56 PM EDTFORT WORTH, TX / ACCESSWIRE / October 31, 2022 / Askeladden Capital Management LLC
Over the past three years, MiX Telematics (NYSE: MIXT) has seen organic revenue contraction (in USD terms) and a decline in EBITDA margins from 30%+ to ~17% in the most recent two quarters. At least partially due to these factors, shareholders have lost 33% (including dividend payments) over the past three years, compared to gains of 20 - 45% for market indices such as the S&P 500,... More