Post by
newcoin on Sep 28, 2024 7:30pm
Why did the stock go up on Friday; ex dividend day?
PEY went ex dividend on Friday and yet the stock price went up handsomely? I don't see any major announcements? I'm confused by this? Is the stock that hot that it pays out its dividend and then goes up? Please somebody clue me.
Comment by
houbahop on Sep 28, 2024 8:33pm
PEY went up $0.49 + $0.11 (div.) or 4.12% TOU went up $2.37 or 4.01% Nothing to worry about, but PEY volume was higher than normal. Next week will be interesting.
Comment by
stockmarket1 on Sep 28, 2024 11:02pm
Interesting indeed. Question is....will it finally break out and surge above $15 permanently or, will it go back home, which is below $15 for the many times since May 2022 ? That is the question.