Jan. 8 at 3:05 PM
$AOS dips 2.2% after Leonard Valve acquisition — a setback or a strategic move?
The
$412M cash deal bolsters AOS's position in digital & thermostatic mixing solutions, aiming to expand its market presence. But shares are down 3.8% over 3 months, lagging behind the industry.
Complete analysis here 👉 https://www.zacks.com/stock/news/2814352/a-o-smith-acquires-leonard-valve-strengthens-product-offerings?cid=sm-stocktwits-2-2814352-body-27987&ADID=SYND_STOCKTWITS_TWEET_2_2814352_BODY_27987