Does International Game Technology PLC (IGT) Have a Compelling Valuation?

Palm Harbour Capital, an investment management company, released its fourth-quarter 2022 investor letter. A copy of the same can be downloaded here. The fund gained 9.7% gross of fees in the fourth quarter. The number appears in line with European benchmarks and better than global benchmarks. The fund ended the quarter with a full-year performance of -2.8% (-2.6% on a NAV basis, 29 December 2022). The fund’s return from inception to quarter end was 35.4%. In addition, please check the...