RE:bad news on tuesdaydannyd9 wrote: Defaulter; bad news on a tuesday only if it is something that surprised the company. Otherwise, i agree with you. Question is, did this news come to company late last night or early this morning? Company would have had a press release before market open if it was something planned like a private placement. This event--whatever it is--was not anticipated before 4 o'clock yesterday.
I had it once, when CEO died in car accident.