GREY:MYMMF - Post by User
Post by
NLMooseon May 12, 2021 10:08am
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Post# 33181934
MYM Nutraceuticals Need To Break Agreement With IM Cannabis
MYM Nutraceuticals Need To Break Agreement With IM Cannabis Prior to IM Cannabis announcing their takeover of MYM Nutraceuticals on April 1, 2021, MYM stock was trading at 23 cents a share.
Ever since that announcement, MYM Nutraceuticals stock has lost more than 50% of its value and the bleeding doesn't seem to end.
Perhaps the IM Cannabis takeover deal was bad for MYM Nutraceuticals afterall.
If it wasn't a bad deal, MYM shares would increase to nearly 50 cents a share, not lose over 50% of its peak value.
Is the planned takeover responsible for the "MYM Plunge"?