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November, 09 2020 03:44 PM
ADT Inc.
Alphabet may have taken a stake in ADT Inc. at $8.22 per share, but ADT’S stock price refuses to cross above the acquisition price. ADT is likely to revamp its legacy business, which relies on 3G and CDMA technologies, before 2022. The expenses are likely to be significant. Goodwill and Intangible assets make up 69% of ADT’s balance sheet, and COVID-19 and a roiled economy can increase impairment charges. For further details see:
ADT Inc.: Move On
Stock Information
Company Name:
ADT Inc.
Stock Symbol:
ADT
Market:
NYSE
Website:
adt.com
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