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Bullboard - Stock Discussion Forum Laurentian Bank of Canada T.LB.PR.H


Primary Symbol: T.LB Alternate Symbol(s):  LRCDF | LAUCF

Financial Services
Laurentian Bank of Canada (the Bank) is a Canada-based provider of financial services to its personal, commercial and institutional customers. The Bank operates in Canada and the United States. Its segments include Personal Banking, Commercial Banking and Capital Markets. The Personal Banking segment caters to the financial needs of retail clients. The Commercial Banking segment caters to the... see more

TSX:LB - Post Discussion

Laurentian Bank of Canada > dd i miss some news?
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Post by perplexed01 on Jun 12, 2024 10:33am

dd i miss some news?

yesterday new 1 year low but today up 6%.  pending news or just pingpong with a thinly traded stock?
Comment by HyperCube on Jun 12, 2024 10:46am
I think this is just a reaction to National Bank making a bid on Canada Western Bank. Laurentian Bank is small enough that several other Canadian banks have enough cash to make a similar offer on it.
Comment by perplexed01 on Jun 12, 2024 10:57am
Hyper  its possible but the merger news is a fefew days old so doesnt account for the big drop  yesterday?
Comment by HyperCube on Jun 12, 2024 11:37am
I did not see the National Bank bid on Canada Western Bank before market close yesterday. Why do you say the merger news is a few days old?
Laurentian Bank of Canada
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