It has been a brutal 4 months for ADT.
They first expected to IPO at ~$18.
They IPOed at $14, dropping immediately to $12.39
And now, not even 4 months later, the stock is at just $7 per share. Big picture, they went from an expected market value of $14 billion down to just ~$5.4 billion now.
Vote / Poll
Is this a great buying opportunity or the beginning of the end for ADT?
RMR Impact Bad
Alarm monitoring companies like ADT have historically revealed in their financial power and sky-high valuations. No more for ADT.
In 2016, the industry cheered the deal: