LQR - Index Investment Group Acquires 20% Stake In LQR House | Benzinga
Group of Investors led by Bjarne Borg to Increase Their Current 20% Position in LQR House
Renowned activist investor Bjarne Borg, known for his diverse ventures in real estate, private equity, and energy sectors, has orchestrated a strategic move. Borg's group of investors is rallying behind LQR House (NASDAQ: LQR) amid current market challenges. Analyst organizations, including Fintel, EF Hutton, and Litchfield, project an undervalued status for LQR House with a price target range of $7 to $26.
Borg's investor group, led by him, has successfully acquired a substantial 20% stake in LQR House, reflecting a profound commitment to the company's sustained growth. Plans are in place to further increase this position, with the aim of leveraging ownership to instigate positive changes that could enhance share prices by reshaping the narrative in the public market. Drawing on his extensive entrepreneurial experience across industries, Borg ...