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  5. TRI: Why the big move today? [Thomson Reuters Corporation]
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Q: Why the big move today?

Thanks


Sheldon
Asked by Sheldon on August 03, 2023
5i Research Answer:

TRI was up for five straight days, and today's move basically just gets it back to where it was a week ago. It was cut to Neutral at CIBC and cut to Sector Perform at RBC and this is likely the reason for some selling today. We see no other news of note following earnings yesterday. 

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