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DRQ and Innovex Downhole Solutions Merged to Form Innovex International (INVX)

The London Company, an investment management company, released “The London Company Small Cap Strategy” third quarter 2024 investor letter. A copy of the letter can be downloaded here. In the quarter, the fund appreciated 7.1% (7%, net) compared to a 9.3% increase in the Russell 2000 Index. The positive impact of sector allocation was mitigated by stock selection in the third quarter. For more information on the fund’s top picks in 2024, please check its top five holdings.

The London Company Small Cap Strategy highlighted stocks like Innovex International, Inc. (NYSE:INVX) in the...