This Payments Stock Is Down 37% This Past Year as One Fund Trimmed a $40 Million Stake

Boston-based Portolan Capital Management reduced its stake in Shift4 Payments (NYSE:FOUR) by 246,414 shares in the third quarter saw its exposure fall by $28.5 million, according to a November 13 SEC filing.According to a U.S. Securities and Exchange Commission (SEC) filing dated November 13, Portolan Capital Management sold 246,414 shares of Shift4 Payments (NYSE:FOUR) during the third quarter. The fund's position declined in value by $28.52 million compared to the previous filing period. After the trade, Portolan held 188,761 shares worth $14.61 million.Shift4 Payments now represents 0.79% of Portolan's reportable U.S. equity AUM.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool