AADX IPO DD / Preview — Applied Aerospace & Defense pricing June 3, defense/space supplier with $1B+ backlog but also $1B+ in debt
$AADX
AI SUMMARY — Applied Aerospace & Defense (AADX) is an IPO priced June 3rd with $1B+ backlog in the defense/space sector, but carries significant $1B+ debt that raises concerns about leverage and financial stability despite strong order book fundamentals.
| TICKER | AADX |
USER | u/tickerspark |
| RATING |
NEUTRAL |
ENTRY |
N/A
|
| POSITION |
N/A
|
BOOK VAL |
N/A |
| CURRENT |
$18.25 |
P&L % |
N/A
|
| CURR VAL |
N/A |
P&L $ |
N/A
|