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Teck Resources Limited Class B Subordinate Voting Shares (TECK.B)
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Teck Resources Limited Class A Multiple Voting Shares (TECK.A)
Q: Do we know why Teck.a stock is up 6.% where Teck.b stock are down 1%. Is it correct that Only difference is only voting and non voting.
Thanks for your great service
Thanks for your great service
5i Research Answer:
Yes that's the only difference (though technically Class A is 'multi-voting'). TECK.A is simply a thin trader and its price moves more on single trades. We would not consider the difference material based on historical trading.