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home / articles / CAMP - Why CalAmp (CAMP) Stock Is Down 50% | Benzinga

CAMP - Why CalAmp (CAMP) Stock Is Down 50% | Benzinga

CalAmp Corp.

CalAmp Corp (NASDAQ:CAMP) shares are trading lower by 53% to $1.25 during Monday’s session after the company announced a Restructuring Support Agreement (RSA) with its main secured lender, Lynrock Lake Master Fund LP. Lynrock will become the primary equity owner of CalAmp and will take the company private.

To strengthen its financial position, CalAmp plans to convert approximately $229 ...

CAMP) Stock Is Down 50%>Full story available on Benzinga.com
Stock Information
Company Name: CalAmp Corp.
Stock Symbol: CAMP
Market: NASDAQ
Website: calamp.com
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