ALEX

ALEX is currently trading as a high-conviction Merger Arbitrage play following the December 2025 take-private offer at ~$21.20/share. The stock's resilience (+0.19%) and 'Steady Climb' signal amidst a rate-driven REIT sell-off confirm that price action is decoupled from macro fundamentals and anchored to the deal terms. The 2.3x volume spike indicates institutional arb desks are aggressively absorbing supply to capture the remaining ~1.9% spread ($20.80 vs $21.20) as the deal moves toward closing.