Make money doing the work you believe in
A few weeks ago, shares of Gibraltar Industries (ROCK) fell from ~$60 to $44 on news of a highly levered acquisition roughly equal to the then-current market cap…
Today they’re taking a big Q4 guidance cut while pressing forward with the acquisition.
Shares down >10% today.
Trading at ~12x revised EPS guide.
Jan 21
at
2:57 PM