$34.58 low. $34.85 in after hours trade. any reason that this will decline to $33s next week? Lots of speculation of a possible offer from NASDAQ/ICE. I bought today specifically for Merger Monday and at $34.xx NYX has a little upside to the average analysts target price of $40 which is where I expect a deal to be done; either from NASDAQ/ICE or by DB sweetening the ratio to 0.50+.
(1) It traded briefly in the $33's this past Monday, and sometimes that gap down is re-filled in subsequent trading; and (2) Someone probably wants to get in on the deal at a lower price in order to maximize gains when the hostile bid is announced.