Why One Fund Has an $8.5 Million Bet on Five9 Despite a 50% One-Year Stock Collapse

New York City-based S Squared Technology increased its holdings in Five9 (NASDAQ:FIVN) by 165,000 shares in the third quarter, reflecting an estimated $3.6 million position value change, according to a November 13 SEC filing.According to a filing with the Securities and Exchange Commission dated November 13, S Squared Technology increased its stake in Five9 (NASDAQ:FIVN) by 165,000 shares over the third quarter. The addition brought the fund’s total holdings in the company to 350,000 shares, worth $8.5 million at quarter’s end.The fund's Five9 position now represents 3.2% of 13F assets under management.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool