Why the gap down today?
What the hell happened on Friday? I missed the Drop. Darn.
ex dividend today. Dividend belongs to the seller
The $2 dividend is payable to shareholders as of 12/27 so th ex-dividend date is the 28th, correct?
Ex-Div today for $2.075 per share. So sellers today get the dividend. I think the stock price is up because of this confusion. When people realize it, the stock will drop down around $8.20 per share.