Q: Good afternoon,
Re Stantec STN, I have noticed over the last several days that there has been a persistent unusual trading pattern: the stock goes up nicely to high $67's 0R $68 until about 15 minutes before closing and then plunges to no gain or a loss on the day. Although I plan to hold for a long time, I am curious about what this means. Is someone unwinding a large position? Thanks for your thoughts.
Re Stantec STN, I have noticed over the last several days that there has been a persistent unusual trading pattern: the stock goes up nicely to high $67's 0R $68 until about 15 minutes before closing and then plunges to no gain or a loss on the day. Although I plan to hold for a long time, I am curious about what this means. Is someone unwinding a large position? Thanks for your thoughts.