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GREENWICH, Conn. (AP) — GREENWICH, Conn. (AP) — Associated Capital Group Inc. (AC) on Wednesday reported a loss of $16,000 in its third quarter.
The Greenwich, Connecticut-based company said it had a loss of less than 1 cent on a per-share basis.
The asset manager posted revenue of $2.2 million in the period.
Associated Capital shares have fallen 21% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $33.35, a decline of 18% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AC at https://www.zacks.com/ap/AC