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?