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Bullboard - Stock Discussion Forum Corus Entertainment Inc T.CJR.B

Alternate Symbol(s):  CJREF

Consumer Cyclical Broadcasting - TV
Corus Entertainment Inc. is a Canada-based media and content company that develops and delivers brands and content across platforms for audiences around the world. The Company's segments include Television and Radio. Its portfolio of multimedia offerings encompasses approximately 32 specialty television services, 37 radio stations, 15 conventional television stations, digital and streaming... see more

TSX:CJR.B - Post Discussion

Corus Entertainment Inc > Price Drop
View:
Post by JJMA on Jun 21, 2021 11:27am

Price Drop

Corus's price is down 11% in the last week of trading. Any idea why? Could it be related to the upcoming  Q3 earnings announcement?
Comment by homebound on Jun 21, 2021 1:29pm
its Normal, if the result is good it will drop after initial uptick due to unloading of massive shares that exist. Also, TD bought from Shaw at 6.80 so it will never cross that mark given auto dumping near $6.80. If the result is bad, it will drop due to dumping. I am a bag holder of 5 years and the downturn has neve disappointed me.
Comment by JJMA on Jun 21, 2021 2:40pm
Thx
Corus Entertainment Inc
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