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Propel Holdings Inc. (PRL $32.21)
- $32.21 P/E (TTM): 15.77X Cap: $1.25B
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Q: Propel just dropped about 10% after announcing an acquisition of Stagemount, despite saying the acquisition would be accretive in 2024 and 2025. What do you think of this acquisition? Is there something I am missing?

Asked by arnold on September 27, 2024

5i Research Answer:

The bought deal offering in conjunction with the acquisition is likely what is weighing on...

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