Source: RVtravel.com
Since our initial recommendation on February 8th to buy Horizon Global Corp. (HZN), we are up +90%.
Source: Seeking Alpha
You should consider this article an update on my thesis, and if you would like to understand more about the company and initial investment idea, I suggest you read my previous article. In this article, I will analyze the 3Q19 results released on November 12th and will provide a revised valuation as an important part of the business was divested during the quarter.
Operational Update
Two important events happened during the quarter.