Glennon Small Companies March Performance Review

Glennon Small Companies Ltd (AU:GC1) has released an update.

Glennon Small Companies Ltd reported a 2.84% return in March 2024, trailing behind the S&P/ASX Small Ordinaries Accumulation Index’s 4.79%. Key performance influencers included strong gains from Zip, Sandfire, and Netwealth, with Zip’s recovery notable in the US market despite previously steep declines. On the downside, Aussie Broadband, Cettire Ltd, and Collin Foods underperformed, with Aussie Broadband losing a significant contract, prompting Glennon to exit their positions in Aussie Broadband and Cettire.

For further insights into AU:GC1 stock, check out TipRanks’ Stock Analysis page.