Baby Bonds news and trends

Riley ‘Baby Bond’ Investors Take Action Amid Heavy Losses

August 21, 2024
B. Riley
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Riley ‘Baby Bond’ Investors Take Action Amid Heavy Losses

August 21, 2024
Investment firm B. Riley is reportedly being scrutinized after recently warning of its biggest-ever quarterly loss. As Bloomberg News reported Wednesday (Aug. 21), retail investors are bearing the brunt of the company’s troubles. Based in Los Angeles, B. Riley bills itself as the leading firm when it comes to so-called “baby bonds,” or fixed-income securities handed out in denominations […]