180 Degree Capital Corp Reports 57 Gross Total Return in Public and Related Portfolio in Q1 2023

MONTCLAIR, N.J., April 03, 2023 (GLOBE NEWSWIRE) — 180 Degree Capital Corp. (NASDAQ:TURN) (“180” and the “Company”), today reported preliminary results of its public and related portfolio as of March 31, 2023. “We are pleased to report a +5.7% gross total return in our public and related portfolio for the first quarter of 2023,” said Kevin M. Rendino, Chief Executive Officer of 180. “This performance compares favorably to the -2.9% total return of the Russell Microcap Index. Following 2022, a year of significant damage to perceived risk assets and where business fundamentals took a back seat to overwhelming fears of…