Grove Collaborative Holdings (NYSE:GROV) rallied on Wednesday after activist investor HumanCo Investments sent a public letter to the company's board of directors calling for a comprehensive review of ...
The company will create a working group after a shareholder pushed for a review of strategic initiatives, including a possible sale. Grove’s Q2 revenue fall comes about a month after receiving a ...
Strategic alternatives, including a full sale of the business, must be pursued in order to unlock the full value of the platform. Believes Grove could be conservatively valued at ~0.70x - 0.90x 2025E ...