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rocalinda

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rocalinda

Re: bas2020 post# 107634

Thursday, 06/08/2017 11:30:16 AM

Thursday, June 08, 2017 11:30:16 AM

Post# of 461409
My understanding is that a PR would have to be specific if new information is going to be disclosed in a private setting, even if there is a broadcast. One reason for material info to be disclosed when the market is closed is to allow investors to be prepared to react when the market opens. If material news is released when the market is open, trading is halted. There might be other technicalities that I don't know about but I think what i state is fairly accurate.
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