Posted by pepperwu on 10th of Sep 2008 at 10:00 am
It is just bad practice to release hugely market sensitive
announcements during trading hours. In any case, most
exchanges suspend a stock for 15 minutes after market sensitive
announcements, so either way, the announcement will be factored
into the next trade
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
It is just bad practice
LEH
Posted by pepperwu on 10th of Sep 2008 at 10:00 am
It is just bad practice to release hugely market sensitive announcements during trading hours. In any case, most exchanges suspend a stock for 15 minutes after market sensitive announcements, so either way, the announcement will be factored into the next trade