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Malibu Boats

B. Riley downgrades rating on Malibu Boats stock

Investment firm B. Riley has downgraded its “buy” rating on Malibu Boats stock to “neutral” following the company’s acquisition of Cobalt Boats and the equity follow-on offering completed earlier this month.

Malibu Boats signs licensing deal with Wake Worx

Malibu Boats is licensing its wakesurfing patent portfolio to Wake Worx LLC, a company that supplies Super Surf’R aftermarket surf tabs to boat manufacturers, primarily in the sterndrive market.

Malibu Boats plans stock offering

Malibu Boats Inc. said that, subject to market and other conditions, the company intends to offer 2 million shares of its Class A common stock.

B. Riley downgrades rating on Malibu Boats stock

Investment firm B. Riley has downgraded its “buy” rating on Malibu Boats stock to “neutral” following the company’s acquisition of Cobalt Boats and the equity follow-on offering completed earlier this month.

Malibu Boats plans stock offering

Malibu Boats Inc. said that, subject to market and other conditions, the company intends to offer 2 million shares of its Class A common stock.

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