WIRE

Encore Wire Corporation (WIRE) | Rumor.io

Encore Wire

WIRE

Attention (50-day avg)0%

Attention rank (50-day avg)—

Bullish sentiment (50-day avg)89%

Price to earnings ratio0

Market capitalization0

Earnings per share0

Dividend yield (TTM)—

Revenue (annual)0

Net income (annual)0

Social

What share of all stock conversation is about WIRE?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Attention	0% new	0% new	0% +0	0% +0

Apr 16

Encore Wire Corporation ($WIRE) has been acquired by Prysmian in a $4.2 billion deal at $290 per share, a 29% premium to its 90-day VWAP.
The acquisition price is above the usual edge of the acquisition price, and some analysts believe that the stock may be pricing in the probability of a higher bid or shorts covering.
The stock has traded significantly higher in recent years, with a notable increase from $60 to nearly $300 since 2021, reflecting the market's high evaluation of the company's growth potential and industry position.

Generated by AI

Sentiment

Of the messages about WIRE that take a side, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Bullish	100%	100%	88.89% +57.64	91.02% +16.25
Bearish	0%	0%	11.11% -57.64	8.98% -16.25

Apr 15

$WIRE's recent acquisition by Prysmian at $290/share is expected to create a massive cable company, fueling a copper rally and short squeeze.
The company's vertically integrated campus expansion with cash is seen as a positive development, and the acquisition is considered an "insanely great" deal.
The stock's surge past the buyout price is attributed to short covering, with 3 million shares traded on a day with an average daily volume of 177k, indicating significant profit taking and short squeeze.

Generated by AI

Topics

Of the messages about WIRE that carry a topic, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y
Analysts	0%	0%	0%	0%
Announcements	50%	50%	74.14%	88.21%
Controversies	0%	0%	0%	0.12%
Earnings	0%	0%	0%	0%
Macro	50%	50%	1.72%	7.96%
Technical Analysis	0%	0%	24.14%	3.72%

Apr 15

Prysmian will acquire Encore Wire for $290 per share in cash, representing an 11.12% premium to Encore Wire's Friday close.
The transaction is valued at approximately €3.9 billion, with Prysmian expecting to generate ~€140m in run-rate EBITDA synergies within four years.
The deal is expected to close in the second half of 2024, pending approvals, and includes a 35-day "go-shop" period.

Generated by AI

Community

Of the messages about WIRE, what share comes from each group?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Regulars	100%	25%	17.09%	6.68%
Newcomers	0%	75%	82.91%	93.32%

Regulars· Apr 15

The merger agreement between Encore Wire Corporation ($WIRE) and Prysmian has been announced, with Prysmian acquiring Encore Wire for $290.00 per share in cash, representing a 20% premium to the 30-day volume weighted average share price (VWAP).
The short sellers who targeted Encore Wire ($WIRE) have been significantly impacted, with over 3 million shares sold short since the $140s and $150s, resulting in substantial losses for the shorts.
The acquisition of Encore Wire ($WIRE) by Prysmian is expected to see the public markets lose one of its great compounders, with the company's long-term performance and potential for future growth being a key concern for investors.

Newcomers· Apr 16

Newcomers are drawn to Encore Wire Corporation due to its significant free cash flow and return on invested capital, which are attractive to investors seeking above-average returns.
The company's stock price has shown a significant upward trend over the past few years, with a notable increase from around $60 to nearly $300 since 2021, reflecting the market's high evaluation of its growth potential and industry position.
Encore Wire Corporation's acquisition by Prysmian Group, a deal valued at approximately €3.9 billion ($4.15 billion), has been announced, with the company's strong profitability and cash flow providing a solid foundation for the takeover.

Generated by AI

Also Discussed

Investors talking about WIRE also mention

#	Name	Attention
1	Atkore International Group IncATKR	0%new
2	Mueller Industries Inc.MLI	0%0
3	Powell Industries, Inc.POWL	0%+0
4	NXG Cushing Midstream Energy FundSRV	0.03%+0.01
5	Albany International Corp. Class AAIN	0%new
6	WINT - Windtree Therapeutics, Inc.	——
7	Archer-Daniels-Midland CompanyADM	0%new
8	GEKKOGEKKO	0%new
9	AMREP CorpAXR	0%0
10	Ring Energy, Inc.REI	0%0

Encore Wire Corporation

Location

Social

What share of all stock conversation is about WIRE?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Attention	0% new	0% new	0% +0	0% +0

Apr 16

Encore Wire Corporation ($WIRE) has been acquired by Prysmian in a $4.2 billion deal at $290 per share, a 29% premium to its 90-day VWAP.
The acquisition price is above the usual edge of the acquisition price, and some analysts believe that the stock may be pricing in the probability of a higher bid or shorts covering.
The stock has traded significantly higher in recent years, with a notable increase from $60 to nearly $300 since 2021, reflecting the market's high evaluation of the company's growth potential and industry position.

Generated by AI

Sentiment

Of the messages about WIRE that take a side, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Bullish	100%	100%	88.89% +57.64	91.02% +16.25
Bearish	0%	0%	11.11% -57.64	8.98% -16.25

Apr 15

$WIRE's recent acquisition by Prysmian at $290/share is expected to create a massive cable company, fueling a copper rally and short squeeze.
The company's vertically integrated campus expansion with cash is seen as a positive development, and the acquisition is considered an "insanely great" deal.
The stock's surge past the buyout price is attributed to short covering, with 3 million shares traded on a day with an average daily volume of 177k, indicating significant profit taking and short squeeze.

Generated by AI

Topics

Of the messages about WIRE that carry a topic, what share is each?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y
Analysts	0%	0%	0%	0%
Announcements	50%	50%	74.14%	88.21%
Controversies	0%	0%	0%	0.12%
Earnings	0%	0%	0%	0%
Macro	50%	50%	1.72%	7.96%
Technical Analysis	0%	0%	24.14%	3.72%

Apr 15

Prysmian will acquire Encore Wire for $290 per share in cash, representing an 11.12% premium to Encore Wire's Friday close.
The transaction is valued at approximately €3.9 billion, with Prysmian expecting to generate ~€140m in run-rate EBITDA synergies within four years.
The deal is expected to close in the second half of 2024, pending approvals, and includes a 35-day "go-shop" period.

Generated by AI

Community

Of the messages about WIRE, what share comes from each group?

	1 Day1D	1 Week1W	1 Month1M	1 Year1Y	50-Day MAclick to plot	200-Day MAclick to plot
Regulars	100%	25%	17.09%	6.68%
Newcomers	0%	75%	82.91%	93.32%

Regulars· Apr 15

The merger agreement between Encore Wire Corporation ($WIRE) and Prysmian has been announced, with Prysmian acquiring Encore Wire for $290.00 per share in cash, representing a 20% premium to the 30-day volume weighted average share price (VWAP).
The short sellers who targeted Encore Wire ($WIRE) have been significantly impacted, with over 3 million shares sold short since the $140s and $150s, resulting in substantial losses for the shorts.
The acquisition of Encore Wire ($WIRE) by Prysmian is expected to see the public markets lose one of its great compounders, with the company's long-term performance and potential for future growth being a key concern for investors.

Newcomers· Apr 16

Newcomers are drawn to Encore Wire Corporation due to its significant free cash flow and return on invested capital, which are attractive to investors seeking above-average returns.
The company's stock price has shown a significant upward trend over the past few years, with a notable increase from around $60 to nearly $300 since 2021, reflecting the market's high evaluation of its growth potential and industry position.
Encore Wire Corporation's acquisition by Prysmian Group, a deal valued at approximately €3.9 billion ($4.15 billion), has been announced, with the company's strong profitability and cash flow providing a solid foundation for the takeover.

Generated by AI

Encore Wire

Social

Apr 16

Sentiment

Apr 15

Topics

Apr 15

Community

Regulars· Apr 15

Newcomers· Apr 16

Also Discussed

Encore Wire Corporation

Company Information

Location

Also Discussed

Social

Apr 16

Sentiment

Apr 15

Topics

Apr 15

Community

Regulars· Apr 15

Newcomers· Apr 16