Here’s Why Wasatch Global Investors ‘Decided to Exit’ NeoPhotonics (NPTN)

Wasatch Global Investors, an investment management firm, published its “Wasatch Micro Cap Fund” fourth quarter 2021 investor letter – a copy of which can be downloaded here. The Wasatch Micro Cap Fund—Investor Class slipped -0.44% for the fourth quarter. The benchmark Russell Microcap® Index posted a larger decline of -2.66%, while small, mid, and large-cap benchmarks generally posted gains for the same period. With risk aversion and uncertainty elevated, cautious investors sought the...