Did Core & Main's Nearly 30% Post-Earnings Stock Drop Set Up an $18 Million Entry?
In the same quarter as a brutal earnings-driven selloff, one fund quietly bought up shares of Core & Main.New York City-based Tribune Investment Group established a new position in Core & Main (CNM 0.35%), adding 335,000 shares valued at approximately $18.03 million during the third quarter, according to a November 13 SEC filing.What HappenedAccording to a filing with the Securities and Exchange Commission dated November 13, Tribune Investment Group LP initiated a new holding in Core & Main (CNM 0.35%) duri ...