Stock was at $65 after the news and today they had it down to $51. Seems like retail is throwing in shares trying to protect some of the gain from the deal.
Hope the CNBC doc knows his stuff.
Weak institutional ownership at about 24%. This might explain some of this, imo.
That news yesterday should be attention getting for the tutes who usually think about things for a day or two before buying stock.
No clue so far.
The pattern is even noticeable today as there is size involved on the buy side and when there is an offer it gets taken out.