Would be curious if anyone knows why there was a 5.2% drop in the price of HCP shares today on a little more than average volume. The last dividend was in November. So it wasn't due to a ex-dividend. The price is still in the recent range of values. Just seemed unusual.
Nothing in the news. Maybe a large holder of shares decided to get out in one day? I wouldn't. HCP is one of my better stocks.
Look at the price action in 3rd wk of Dec--approx 35 to 29ish. About a 17 percent move. Huge range. Not based on fundamentals, obviously. Large holders adjusting positions, I presume. It won't shake me out.