We're exiting our remaining stake in an industrial stock spin-off gone wrong

Source: cnbc October 14, 2026 · 08:40
We're exiting our remaining stake in an industrial stock spin-off gone wrong
Photo by DΛVΞ GΛRCIΛ · Pexels
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We're selling the rest of this tiny position to replenish cash following a series of purchases over the past few days.
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The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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