Chip stocks fall with Nvidia after data center rev disappointment
In a recent transaction, Joseph E. LoConti, a major shareholder in Range Impact, Inc. (OTC:RNGE), acquired 5,000 shares of the company’s common stock. The company, currently trading near its 52-week low with a market capitalization of $17 million, has shown significant price volatility according to InvestingPro data. The purchase, executed on January 28, 2025, was made at a price of $0.20 per share, amounting to a total value of $1,000. This acquisition was conducted through Paragon Small Cap Fund I, LP, with LoConti holding indirect ownership. Following this transaction, LoConti’s total shares owned in Range Impact, Inc. increased to 4,847,377. The stock, which has declined over 55% in the past year, currently appears slightly undervalued based on InvestingPro’s Fair Value analysis, with weak financial health scores and negative EBITDA of -$510,000 in the last twelve months.
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