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Axalta Coating Systems Ltd. (AXTA): A Bear Case Theory

We came across a bearish thesis on Axalta Coating Systems Ltd on Mark Meldrum's YouTube Channel. In this article, we will summarize the bears’ thesis on AXTA. Axalta Coating Systems Ltd's share was trading at $33.07 as of January 13th. AXTA’s trailing and forward P/E were 15.78 and 11.90 respectively according to Yahoo Finance.

[caption id="attachment_1098124" align="aligncenter" width="768"] Photo by carlos aranda on Unsplash[/caption]

Axalta Coating Systems (AXTA) operates in the specialty chemicals subindustry, focusing primarily on paints and coatings, with its core...