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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

We summarize the bulls’ thesis on Malibu Boats, Inc. ( NASDAQ:MBUU) in this article

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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78% Informative

Malibu Boats , Inc. (NASDAQ: MBUU )'s share was trading at $ 37.43 as of Dec 20th .

Malibu is a leading player in the wakeboat market, with its core " Malibu " segment accounting for nearly half of its sales.

Recent negative developments, including the resignation of key executives, legal issues with a major dealer, and a sharp decline in unit volumes, led to a drop in the stock price.