Great Elm Shares Hold Steady at $2.16 Before Holiday. What’s Next for the Stock
Great Elm Group Inc. stock finished at $2.16 on Friday, barely moving for the week. Volume was lower than usual. Investors shrugged off the latest quarterly loss, focusing instead on the planned bigger buyback. Nasdaq will stay closed Monday for Memorial Day, so U.S. trading picks up again Tuesday. GEG heads into a shortened week after light trading on Friday. About 2,330 shares changed hands—well under Google Finance’s average of 6,120. The Nasdaq microcap closed with a market cap near $67.7 million.