Why Construction Partners Stock Popped 8% Today [The Motley Fool]
Construction Partners, Inc. (ROAD)
Last construction partners, inc. earnings: 2/7 07:00 am
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Source: The Motley Fool
Why Construction Partners Stock Popped 8% Today Rich Smith Sep 8, 09 at :0PM What happened Shares of Construction Partners ( NASDAQ:ROAD So what Construction Partners suffered a % decline Bank of America Raymond James Financial Presumably, investors feared the move meant insiders were losing confidence in the stock, and decided to jump ship themselves. Today's news doesn't change that story Image source: Getty Images. Now what Moreover, investors can't console themselves that even if a big block of Construction Partners stock went on the block, at least the money would go into the company's coffers to pay down debt or fund acquisitions. Management made it clear in its press release that "the selling stockholders will receive all of the net proceeds from the offering ... and [the company] will not receive any proceeds." But I suppose it could have been worse. Selling insiders could have unloaded their stock at even lower prices, putting even more pressure on the share price. The fact t
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ROAD
News
- Construction Partners, Inc. (NASDAQ: ROAD) had its price target raised by analysts at Robert W. Baird from $50.00 to $60.00. They now have a "neutral" rating on the stock.MarketBeat
- Construction Partners, Inc. Announces Fiscal 2024 Second Quarter ResultsPR Newswire
- Calculating The Intrinsic Value Of Construction Partners, Inc. (NASDAQ:ROAD) [Yahoo! Finance]Yahoo! Finance
- Construction Partners: No Longer A Road To Riches [Seeking Alpha]Seeking Alpha
- Construction Partners, Inc. Completes Georgia Acquisition [Yahoo! Finance]Yahoo! Finance
ROAD
Earnings
- 5/10/24 - Beat
ROAD
Sec Filings
- 5/22/24 - Form 4
- 5/20/24 - Form 4
- 5/20/24 - Form 144
- ROAD's page on the SEC website