DALXF - Actions Not Words: Spartan's Upsized Equity Offering Implies The Stock Is Richly Priced
- Management actions can be more indicative than corporate guidance or sell side recommendations.
- Spartan's upsized equity offering indicates potentially lower upside.
- Area operators did not attribute upside value to recently acquired land and have outperformed Spartan over the past year.
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Actions Not Words: Spartan's Upsized Equity Offering Implies The Stock Is Richly Priced