Issue 10 – GFL Environmental IPO

GFL Environmental (TSX: GFL, NYSE: GFL) completed their Initial Public Offering (IPO) and began trading this past Tuesday on both the Toronto and New York stock exchanges. Reflective of the extreme volatility we’re seeing in markets, its safe to say that first day of trading did not play out as hoped. The IPO, which saw strong demand and was well oversubscribed, moved lower during the day. The deal was priced at $19 USD and at one point traded below $17.


Disclaimer: Palos Funds are shareholders of GFL.


By Charles Marleau, CIM

Continue Reading in PDF

By Charles Marleau, CIM


Click to Read Macro View

By Hubert Marleau


Click to Read Options Corner

By Robert Mendel


Click to Read Palos-Mitchell Report

By William Mitchell