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  5. CNQ: Any news that caused the drop in share price? [Canadian Natural Resources Limited]
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Q: Any news that caused the drop in share price?
Asked by Philip on September 12, 2023
5i Research Answer:

CNQ dropped 2.9% Monday and 0.9% Friday, but was up nine days in a row prior to that. It is still well above the level prior to that run even with the recent drop. There was no news but there was massive block trading at the close, with blocks of 3M shares, 1M shares, and dozens more of 500,000 or more.