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Par Technology: Fund Manager Triggers Remarkable Turnaround With A Letter

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Michelle deBoer-Jones
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Every so often we hear about a small company doing amazing things in a short amount of time, and that's exactly what we have with PAR Technology Corporation (NYSE:PAR). The company's stock has gained some 70% over the last year after intervention by a fund manager.

Q1 hedge fund letters, conference, scoops etc

Par Technology
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Problems with Par Technology

This week's "Value Investor Insight" newsletter included coverage of Par, which has really taken off over the last year and a half—thanks to a letter from Adam Wyden of ADW Capital Partners. He initially bought a stake in the company in early 2018, and...

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.