Core & Main, Inc.
CNMCore & Main, Inc. (CNM) is a leading nationwide distributor specializing in the sale and distribution of essential infrastructure and utility solutions, including pipe, conduit, valves, fire protection products, and other related equipment. The company serves municipalities, contractors, utility companies, and other commercial customers, supporting the installation and maintenance of water, sewer, drainage, and fire protection systems. Established through a strategic combination of acquisitions and organic growth, Core & Main focuses on delivering comprehensive products and value-added services across the United States.
Company News
Tribune Investment Group established a new position in Core & Main during Q3, acquiring 335,000 shares valued at approximately $18.03 million. The purchase came amid a brutal 27% post-earnings selloff, representing 8.74% of Tribune's assets under management. Despite underperforming the S&P 500, the company's operational metrics remain solid with ...
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KODA, the largest custody provider in South Korea, has integrated with Core, the first Proof of Stake (PoS) layer for Bitcoin and the largest Bitcoin DeFi ecosystem. This integration marks a significant step forward in expanding Bitcoin DeFi in Korea, setting the stage for greater adoption and innovation in the space.
Core, a Bitcoin PoS layer and DeFi ecosystem, has partnered with Cobo, a leading APAC institutional custodian, to enable Cobo's clients to access Core's Dual BTC Staking model and other Bitcoin DeFi features. This collaboration aims to drive institutional adoption of Bitcoin staking and provide sustainable Bitcoin yields.
