Investor Reveals $51 Million Sale of Armstrong Strong as Shares Sink Post-Earnings

London Co of Virginia sold 269,356 shares of Armstrong World Industries in Q4, an estimated trade size of $51.40 million based on quarterly average pricing. The quarter-end value of the position declined by $61.96 million, reflecting the sale and interim stock price movement.

Analysis

London Co of Virginia sold 269,356 shares of Armstrong World Industries in Q4, an estimated trade size of $51.40 million based on quarterly average pricing. The quarter-end value of the position declined by $61.96 million, reflecting the sale and interim stock price movement.