Moab Partners Thinks Prospects For Armstrong Flooring Takeover Look Good

Long / Short hedge fund manager Michael Rothenberg looks at the “big start, shaky finish” to the stock market since the election of President Donald Trump and sticks to his knitting: idiosyncratic stock picking. It is here the $601 million Moab Partners portfolio manager is even more convinced about a stock with potential to partner with Amazon as a buy and a flooring manufacturer long position.

Moab Partners, up slightly in March, likes Air Transport partnership with Amazon

Moab Partners, L.P. was up 0.12% in March, bringing yearly performance to 3.06%, a letter to investors reviewed by ValueWalk stated. Short exposure and hedges delivered the strongest performance for the fund on the month. Amid a tepid general market environment, the hedge...