A multi-industry company engaged directly and through its subsidiaries in the design and manufacture of a range of engineered products and the provision of related services.
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ITT has underperformed the S&P 500 since its announcement that it is breaking up nito three companies. I expect its stock to rise as we approach the date of this transaction.Deej
I posted on the boards wrt a question - does simple LTBH work here or is there a way to play this spinoff? I am curious please let me know. This is the first time i am participating in a spinoff, rather want to
Hi jo. I personally have purchased a position in ITT that I plan on holding until after the spin. At that point I will reassess which portions of the company I want to continue to hold.
Deej
Deej,
Would you please get with the MF staff and have them fix the ITT starting price? They keep saying it is fixed to reflect both the spinoff and the split, but it isn't. The stock price collapsed but the starting price wasn't adjusted.