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flag Associated Capital Group reports lower profits and assets, but its stock price still rises.

flag Associated Capital Group (AC) reported a net income of $44.3 million for 2024, or $2.08 per share, down from $37.4 million in 2023. flag The company's assets under management (AUM) fell to $1.25 billion, due to net outflows and currency impacts. flag AC's shares rose to $36.50, up 6.5% since the year began and 11% over the past year. flag StockNews.com downgraded AC from "buy" to "hold."

3 months ago
4 Articles