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Stock impact report

Fortrea Holdings: Showing Real Signs Of Life [Seeking Alpha]

Fortrea Holdings Inc. (FTRE) 
Company Research Source: Seeking Alpha
The company reported improving sales momentum and a rising backlog, but EBITDA and margins remain under pressure, keeping leverage high. Management has implemented cost reductions, raised guidance, and enacted a shareholder rights plan, signaling renewed urgency and insider confidence. While the darkest scenarios seem less likely, conviction to buy remains low; continued monitoring is warranted as recovery progresses. Supatman/iStock via Getty Images Over the summer, I concluded that all options were on the table in the case of Fortrea Holdings ( FTRE . This came after its operational and financial performance kept deteriorating, with shares down 90% from the highs. More on my IG service If you like to see more ideas, please subscribe to the premium service "Value in Corporate Events" here and try the free trial. In this service we cover major earnings events, M&A, IPOs, and other significant corporate events with actionable ideas. Furthermore, we provide coverage of situ Show less Read more
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