Q: Hello team,
My question is regarding the acquisition of CLC and how could one ever benefit from this jump after the fact. As you know CLC closed at $7.20 on June 24 and opened at $10.60 on June 25, a whopping 47% increase.
I want to know how some retail investor like me could know about this takeover in advance? And even if I knew about this deal the night before the jump how I could have purchased it when it is already up by 47% at the open?
I also want to know how stocks can open so high before the trading day even start? And finally is there any point in buy CLC at this point?
As you can see I am a novice investor so please keep up the superb job. Thank you!
My question is regarding the acquisition of CLC and how could one ever benefit from this jump after the fact. As you know CLC closed at $7.20 on June 24 and opened at $10.60 on June 25, a whopping 47% increase.
I want to know how some retail investor like me could know about this takeover in advance? And even if I knew about this deal the night before the jump how I could have purchased it when it is already up by 47% at the open?
I also want to know how stocks can open so high before the trading day even start? And finally is there any point in buy CLC at this point?
As you can see I am a novice investor so please keep up the superb job. Thank you!