This Fund Sold $6 Million in Armstrong Stock Despite Strong Earnings — Here's the Takeaway for Long-Term Holders
Armstrong World Industries(US:AWI) The Motley Fool·2025-11-17 06:20This midcap building materials stock has rallied in recent years—and that may be why this fund just dumped its entire stake.As of September 30, Denver-based 1060 Capital Management fully exited its position in Armstrong World Industries, Inc. (AWI 1.04%) for an estimated $5.7 millionWhat HappenedAccording to an SEC filing on Friday, 1060 Capital fully liquidated its holding in Armstrong World Industries (AWI 1.04%) during the third quarter. The fund sold all 35,000 shares it previously held, eliminating a s ...