GLDD

NEUTRALM&A

Great Lakes Dredge & Dock Corpo

2026-03-12

Price

$16.95

+0.00%

Score5.2Watchlist

Signals5/8 DNA0/13 Act · 1/4 Risk

SentimentNEUTRALScore: 0

Volume0.6xvs 20d avg

Analysis

GLDD's price action is entirely anchored by a definitive merger agreement to be acquired by Saltchuk Resources for $17.00 per share in cash. The technical signals and exceptionally low annualized volatility of 3.2% are textbook markers of a stock trading in tight merger arbitrage rather than organic price discovery. Because the stock is pinned just below the $17.00 buyout price, it is completely insulated from the current RISK_OFF geopolitical macro regime. This explains the high relative strength versus the broader market, as the stock acts as a definitive cash proxy with high conviction while the tender offer is executed.

Fired Signals

ALPHA MALESTEADY CLIMBGOLDEN CROSSBOLLINGER SQUEEZEPERFECT STACKDISTRIBUTION

Key Takeaways

M&A Arbitrage Pin: GLDD is trading at $16.95, reflecting a microscopic 5-cent spread to the $17.00 cash tender offer from Saltchuk Resources.
Macro Insulation: The stock's relative strength (+3.9% vs SPY) is not an organic bullish divergence, but a byproduct of its acquisition status, making it immune to geopolitical shocks.
Actionable Thesis: Upside is strictly capped at $17.00, making this a pure merger arbitrage play for yield rather than a directional equity bet.

← Back to 2026-03-12 View Full GLDD History →Yahoo Finance &nearr;