Long Position on FYBR @ $35.00 on 9/6/2024 (Fundamentals)

Frontier Communications Parent, Inc. (FYBR), together with its subsidiaries, provides communication and technology services in the United States. It offers broadband, video, voice, and other value-added services.

The company also provides data and Internet, including broadband networking services; data-based voice over internet protocol, unified communications, long-distance, and voice messaging services; video services under the Frontier TV brand; access services; hardware and network solutions; and packages of services. It serves large enterprise customers, small and medium businesses, and wholesale customers.

The company was formerly known as Frontier Communications Corporation and changed its name to Frontier Communications Parent, Inc. in April 2021.

Frontier Communications Parent, Inc. was incorporated in 1935 and is headquartered in Dallas, Texas.

After the announcement that Verizon will be acquiring Frontier Communications, share prices should head higher.

Entry Point: $35.00

Trading Range: $13.66 - $39.21

Stop Loss: $33.25

Target Price: $38.50

Position closed on 11/13/2024 at price of $35.20 with a 0.57% gain in 67 days.

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