$7.04 close today w/mkt cap of $1.5b. Lol
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Share PT dropped again.
The market is finally acknowledging Commscope is a house of cards that could collapse at anytime.
Looks like the c-suite is selling off more shares. Maybe a new set of golf clubs for the CS exec golf team that plays weekly.
Two words: Debt and higher interest rates. They haven't been able to put much if any dent on the debt since they bought Arris. Carlyle will sell off in pieces or shed struggling businesses (looking at HN). Either way, they will get their return.