RE:!!!!,,,,,DOWN 2.5%%% on Ex Dividend Date........!!!!!!!!Really? Nobody is giving up on BCE with a recent BMO analyst target upgrade to $59 and a 7% dividend, not to mention the Fed confirmimg lower interest rates coiming in a few months. BCE share price is just adjusting for the .97 cent dividend it will be paying out on Jan 15th as it typically does.
it's only down about .69 cents right now if you get a quote via RBC Action Direct....LOL. I see that their Dec 13 closing price is showing as $54.35 instead of the $55.32 that it actually closed at yesterday. I've contacted RBC and TMX and TMX confirmed that it did in fact close at $55.32 yesterday and couldn't explain why RBC Action Direct data (and actually Stockhouse as well) is inaccurate other than brokerages get their data from Vendors and not directly from the TMX.
Still, I find it interesting that the incorrect 'Previous Close' price of $54.35 was exactly what BCE opened at this morning. Coincidence or did the ALGO use that as the open price? Would have been interesting to see what the stock would be doing today had the previous close price showing on RBC Action Direct and likely many other brokerage data been correct. Would the Algos have opened it at yesterday actual close of $55.32 and then taken the price down from there or run up more with the rest of the market?
So is something else going on? Perhaps? But of course we'll never know for sure.