Will the New Shareholder Help Kelly Services (KELYA) to Close the Valuation Gap?

Palm Valley Capital Management, an investment management firm, has issued the first-quarter 2026 investor letter for the ''Palm Valley Capital Fund.'' A copy of the letter is available to download here. In the first quarter, the fund gained 0.74%, while the S&P SmallCap 600 rose 3.51%, and the Morningstar Small Cap Total Return Index saw no change. Initially, small caps surged, with the S&P 600 achieving nearly a 10% year-to-date increase by mid-February. However, shares later declined due to the Iran war and its effects on energy prices. The letter also explored how technology influences...