StockInvest_us Posted - 1 day ago

Signal alert: $WIRE - Overbought Trend Short (Overvalued) https://stockinvest.us/l/oZnACWFgGz

rsmith80 Posted - 2 days ago

$WIRE I knew i should have shorted this at $290

StockInvest_us Posted - 3 days ago

Signal alert: $WIRE - Overbought Trend Short (Overvalued) https://stockinvest.us/l/BVDeskB8T7

smartkarma Posted - 3 days ago

$WIRE | Prysmian/Encore Wire: Agreed Offer "​Prysmian SpA to acquire Encore Wire for $290/share in cash, 29% premium to 90-day VWAP, with potential synergies valued at $51/share. Trading slightly above offer price, there's room for sweetening." - Jesus Rodriguez Aguilar Key Points: * Prysmian SpA (PRY IM) agreed to acquire Encore Wire (WIRE US) for $290/share in cash, 29% premium to 90-day VWAP, implied EV of €4,264 million, 11x EV/NTM EBITDA and 16.9x Fwd P/E. * Encore wire has traded at an average 6.4x EV/EBITDA and 10.6x P/E over the last 5 years. I set my TP at $290. Synergies could be valued at $51/share. * The shares are trading slightly above the offer price. Gross spread is +0.2%. The volume traded since announcement has been very strong. There is room for some sweetening. Long. Read more: https://www.smartkarma.com/insights/prysmian-encore-wire-agreed-offer

CTFNLighthouse Posted - 3 days ago

$WIRE The definitive merger agreement was filed for Prysmian’s acquisition of Encore Wire. Regulatory conditions: HSR shall be filed within 10 business days post-DMA, or by April 26. The parties shall file with any governmental entity under certain specified laws within 20 business days post-DMA, or by May 10. Best efforts: The parties will defend the merger through litigation if necessary. Outside date: April 14, 2025, subject to automatic extensions to July 14, 2025, and October 14, 2025 Termination fee / reverse termination fee: $146.54 million (3.2%) or $73.27 million (1.6%) if Encore agrees to a superior offer / $180 million (3.9%)

shared_alerts Posted - 3 days ago

-04/16/2024- 📉 SCANNER UPDATE📈 $MPW $WIRE $DRH $HUBC ↩️

ElmoReborn Posted - 4 days ago

$WIRE Was a great run :)

briefingcom Posted - 4 days ago

$WIRE: Encore Wire (+11.4%) is stringing up some nice gains today after this US-based manufacturer of copper and aluminum electrical wire and cables agreed to be acquired. Italy-based Prysmian is also a huge supplier of cable. The price tag is $290 per share, for a total enterprise value of €3.9 bln. This represents an 11% premium from Encore's $260.98 closing price on Friday and a 20% premium vs the 30-day volume weighted average share price (VWAP). A main benefit is that the deal greatly increases Prysmian's exposure to the North American market. Prysmian also cited Encore Wire as being highly complementary to its strategy and that the deal will allow Prysmian to increase its exposure to secular growth drivers. Prysmian expects to generate ~€140m in run-rate EBITDA synergies within four years. https://www.briefing.com/story-stocks/archive/2024/4/15/encore-wire-seeing-nice-gain-after-agreeing-to-be-acquired-will-create-massive-cable-co-(wire)?utm_campaign=storystocks&utm_medium=social&utm_source=st&utm_content=link

InvestorPlace Posted - 4 days ago

$WIRE is up today on news of a major acquisition deal! https://investorplace.com/2024/04/wire-stock-alert-the-4-2-billion-deal-lifting-encore-wire-today/

ASAP17 Posted - 4 days ago

Anyone got a theory why Encore $wire is trading above the offer price ($290)? Clearly the market is implying someone else is joining the bid here with the "go shop" provision, wonder where it ends up/ who will be interested. $prymy https://twitter.com/OptionsHawk/status/1779824361756938264?t=8xYYVHBk8Mbzinz5u76N8A&s=19

MaverikIT Posted - 4 days ago

@Wigglyick @net0trader @Cash4freedom @RonIsWrong @IsabellaDC @DonCorleone77 @Im_not_Mr_Lebowski $WIRE - they will entertain your bid$$$$$$$$$$$

Wigglyick Posted - 4 days ago

@net0trader @Cash4freedom @RonIsWrong @IsabellaDC @DonCorleone77 @Im_not_Mr_Lebowski @MaverikIT $wire Looks like I can cancel my stink bid now.

marley401 Posted - 4 days ago

$WIRE

OpenOutcrier Posted - 4 days ago

$WIRE (+9.2% pre) Encore Wire (WIRE) Acquired by Prysmian for $290/sh Cash - SI https://ooc.bz/l/30347

tradingtwenty Posted - 4 days ago

$WIRE has trended 55 times in the past 24 hours (based on 5 minute intervals). Latest press release on Apr 15, 2024 12:05 AM: Encore Wire to Be Acquired by Prysmian for $290.00 Per Share in Cash Link: https://tradingtwenty.com/news/429330/encore-wire-to-be-acquired-by-prysmian-for-29000-per-share-in-cash

net0trader Posted - 4 days ago

@MaverikIT @Wigglyick @DonCorleone77 @IsabellaDC @RonIsWrong @Cash4freedom @Im_not_Mr_Lebowski looks like $wire got bought out

DekmarTrades Posted - 4 days ago

Largest Top Gainers with News/Filings this Morning! We get all the answers every morning! $SNPO $PLL $TENX $WIRE $MSAI

MaverikIT Posted - 4 days ago

@DonCorleone77 @net0trader @Wigglyick @Cash4freedom @RonIsWrong @Im_not_Mr_Lebowski @IsabellaDC $WIRE wowsa !

twib Posted - 4 days ago

$WIRE Still 20% short? Thought it was at like 25 dtc but maybe higher? How does this playout/ likelyhood of getting paid higher than 290?

Stock_Titan Posted - 5 days ago

$WIRE Encore Wire to Be Acquired by Prysmian for $290.00 Per Share in Cash https://www.stocktitan.net/news/WIRE/encore-wire-to-be-acquired-by-prysmian-for-290-00-per-share-in-geqhay7ipxim.html

King_Nade Posted - 5 days ago

$WIRE why are people actually buying this company? At a quick glance revenue down 14.9% from 2022 - 2023, and even worse in that same time net profit down 48.1%. I'm not trying to be a asshole, but actually what do you guys like when looking at this company?

UncleStock Posted - 5 days ago

$WIRE $MPTI $BELFB $ATKR suggested for Electronic and Electrical Equipment - value screen: https://zpr.io/VmrHWSmsQjBT

UncleStock Posted - 1 week ago

$BCC $KRT $WIRE $MPTI suggested for Industrials - value screen: https://zpr.io/tX2376nqcH4g

ElmoReborn Posted - 1 week ago

$WIRE 300?

UncleStock Posted - 1 week ago

$BCC $KRT $WIRE $MPTI suggested for Industrials - value screen: https://zpr.io/tX2376nqcH4g

MaverikIT Posted - 1 week ago

@DonCorleone77 @net0trader @Wigglyick @Cash4freedom @RonIsWrong @Im_not_Mr_Lebowski @IsabellaDC $DECK $DXYZ just $RACE $IT $WIRE - hi-power$ to zap shorts - another new 52wk$ hi

twib Posted - 1 week ago

$WIRE Im still waiting on 300 d it! Played poorly here but monster still making me $🦛

twib Posted - 1 week ago

$WIRE Might take a little but this is still a 300 player. I 🤞

ElmoReborn Posted - 2 weeks ago

$WIRE yaaaaaaa :)

MaverikIT Posted - 2 weeks ago

@Wigglyick @RonIsWrong @DonCorleone77 @IsabellaDC @Cash4freedom @net0trader @Im_not_Mr_Lebowski $WIRE - new 52wk$ hi