Bloomberg Markets: Dave Wilson's Stock of the Day for June 26

Bloomberg Markets with Carol Massar and Cory Johnson.\u0010\u0010GUEST:\u0010David Wilson\u0010Stocks Editor\u0010Bloomberg News\u0010Discussing his "Stock of the Day" Forterra (FRTA). Forterra Inc.'s shares are headed for their biggest one-day advance since they began trading publicly in October. The maker of pipe and precast-concrete products agreed to sell its U.S. concrete and steel pressure-pipe assets to Thompson Pipe Group. Forterra will received $23.2 million in cash after fees, along with a Thompson drainage-pipe plant in Texas. The company said in a statement that the deal will add to earnings, profit margins and cash flow right after it's completed.

See omnystudio.com/listener for privacy information.