Stock down to $20.30 in pre-trading with a current $20.25 bid. Is this a reaction to the preferred issue?
Do not worry about pre-trading without a lot news.
Its about the broader market, these days & whats the Fed going to say or do!
Can't find anything to explain it. Need to watch volume and price action today. No downgrades I can find either.
Should not be since offering public knowledge for over a week now.
I can't find any volume for the drop - normally the only thing that moves this 4% is a SO.
If a so it is well concealed, but can't imagine a preferred and so at same time.