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S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,650.00
(
0.05%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.59
(
0.00%
)
Bitcoin
61,222.32
(
0.70%
)
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hi_flyer

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hi_flyer

Re: None

Wednesday, 01/06/2016 2:31:53 AM

Wednesday, January 06, 2016 2:31:53 AM

Post# of 542
Can someone explain why the price is rising? I thought when a company acquires another, its stock price falls a little and the acquired company's stock price goes up. But in this case, UWN is forming a clear breakout pattern. Is it because the market is pricing in the future revenue of the acquired company?

Thanks
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