C. Michael Petters' holdings have seen significant fluctuations over the years. At one point in 2020, their value peaked at approximately $196.25 million before dipping to about $115.53 million a few months later. By late 2020, they had slowly recovered...
C. Michael Petters' holdings have seen significant fluctuations over the years. At one point in 2020, their value peaked at approximately $196.25 million before dipping to about $115.53 million a few months later. By late 2020, they had slowly recovered to around $112.75 million, yet the fluctuations didn’t end there. The first half of 2021 saw another increase to about $144.28 million before settling around $134.10 million towards the year’s end. Following these shifts, by 2023 his holdings value reached as high as $168.98 million, indicating a trend of regaining value after earlier drops. Petters' decision-making with respect to his stock reflects the company's performance and his steady long-term approach to investing in HII.