Added to YB: 2026-06-04
Pitch date: 2026-06-02
OPTU [bullish]
Optimum Communications, Inc.
+4.85%
current return
Author Info
No bio for this author
Company Info
Optimum Communications, Inc., together with its subsidiaries, provides broadband communications and video services under the Optimum brand in the United States, Canada, Puerto Rico, and the Virgin Islands.
Market Cap
N/A
Pitch Price
$1.03
Price Target
2.50 (+131%)
Dividend
N/A
EV/EBITDA
7.82
P/E
N/A
EV/Sales
3.08
Sector
Media
Category
special_situation
Optimum Communications (NYSE: OPTU) — The Odd Lot Special Situation
OPTU: Odd-lot special situation. Optimum (ex-Altice USA) tendering up to 120M Class A shares at $2.50 cash vs ~$1.12 (was $0.66 pre-announcement). Sub-100 share holders get odd-lot priority, no proration. 99 shares=$247.50. Deadline June 30. Risk: deal pulled, stock falls to ~$0.66. Long.
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