Somewhat Positive Press Coverage Somewhat Unlikely to Impact Latin American (LDF) Share Price
Media stories about Latin American (NYSE:LDF) have been trending somewhat positive on Thursday, Accern reports. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Latin American earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave news stories about the company an impact score of 44.96 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
In other news, major shareholder City Of London Investment Grou acquired 5,739 shares of Latin American stock in a transaction on Friday, September 1st. The stock was acquired at an average cost of $11.79 per share, with a total value of $67,662.81. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last three months, insiders have acquired 16,439 shares of company stock valued at $193,849.
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Latin American Company Profile
The Latin American Discovery Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is long-term capital appreciation through investments primarily in equity securities of Latin American issuers and by investing from time to time in debt securities issued or guaranteed by a Latin American Government or Governmental entity.
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