Construction Partners Stock Cracks Under Pressure As Short Seller Warns Of Potential 50% Downside
1. Spruce Point report claims ROAD faces 35%-50% downside risk. 2. Revenue growth failures and weakening backlog highlighted in the report. 3. Florida contracts, key for ROAD, are expected to decline materially. 4. Spruce Point projects $10M to $15M EBITDA decline in 2025. 5. Concerns raised about transparency and aggressive financial presentation.