BUZZ-B. Riley set to end February on strong note

Reuters

Mar 01, 2025

** Shares of investment bank B. Riley Financial RILY.O jump as much as 17.6%

** Stock has more than doubled so far this week and is set for third straight session of gains

** RILY, on Thursday, announced $160 million debt facility from Oaktree that helped it pay off its Nomura loan

** Stock, earlier this week, also regained Nasdaq compliance after filing of delayed Q3 10Q

** Bank has been in heightened turmoil since August, when it suspended its dividend and forecast huge losses due to exposure to Vitamin Shoppe-owner

** RILY has short interest of 29.1%, according to data compiled by LSEG

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

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Riley set to end February on strong note\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-03-01 01:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-B. Riley set to end February on strong note</title></head><body><p>** Shares of investment bank B. Riley Financial <span>RILY.O</span> jump as much as 17.6%</p><p>** Stock has more than doubled so far this week and is set for third straight session of gains </p><p>** RILY, on Thursday, announced <span>$160 million debt facility</span> from Oaktree that helped it pay off its Nomura loan </p><p>** Stock, earlier this week, also regained Nasdaq compliance after <span>filing of delayed Q3 10Q</span></p><p>** Bank has been in heightened turmoil since August, when it suspended its dividend and forecast huge losses due to exposure to <a href=\"https://laohu8.com/S/VSI\">Vitamin Shoppe</a>-owner</p><p>** RILY has short interest of 29.1%, according to data compiled by LSEG</p><p> (Reporting by Arasu Kannagi Basil in Bengaluru)</p><p> ((ArasuKannagi.Basil@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B66KJ199.SGD","symbol_name":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY  \" A\" (SGD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250228:nL3N3PJ1HQ:1","article_id":"2516741643","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2516741643","pubTimestamp":1740762196,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-B. 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Riley set to end February on strong note** Shares of investment bank B. Riley Financial RILY.O jump as much as 17.6%** Stock has more than doubled so far this week and is set for third straight session of gains ** RILY, on Thursday, announced $160 million debt facility from Oaktree that helped it pay off its Nomura loan ** Stock, earlier this week, also regained Nasdaq compliance after filing of delayed Q3 10Q** Bank has been in heightened turmoil since August, when it suspended its dividend and forecast huge losses due to exposure to Vitamin Shoppe-owner** RILY has short interest of 29.1%, according to data compiled by LSEG (Reporting by Arasu Kannagi Basil in Bengaluru) ((ArasuKannagi.Basil@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}