AdaptHealth Is Too Strong To Be Valued At 40% Of Revenues
AdaptHealth(AHCO) Seeking Alpha·2024-05-11 01:08
cherrybeans/iStock via Getty Images In the past couple of years, there has been a major bust going on of stocks of companies that came public through SPACs in the 2018-2021 time period. The vast majority of the SPAC deals have struggled, and it has tainted the whole segment. But there are always those who not only survive, but thrive. AdaptHealth (NASDAQ:AHCO) is such a case. It is a rollup that initially struggled with digesting all of its acquisitions. The mergers have stopped, and the company has mad ...