05-29-2021, 05:56 AM
(05-18-2021, 01:42 PM)fenders53 Wrote:(05-18-2021, 10:32 AM)ken-do-nim Wrote:(05-18-2021, 03:03 AM)fenders53 Wrote: CP is still mixed up in the bidding war for KSU. CN was high bidder a few days ago anyway.
I think I was seeing a yahoo glitch yesterday. Its chart looks normal (and good) today.
CP lost the bidding war with CN so they will not expand for now. It will settle out now.
I wanted to circle back and see what happened with CP. Now I'm more confused than ever. Yahoo chart looks fine, but I found this article from just a few days ago: https://via.news/markets/canadian-pacifi...t-30-days/
"Shares of Canadian Pacific Railway (CP) dropped by a staggering 78.11% in 30 days from $374.19 to $81.91 at 20:41 EST on Tuesday, after four sequential sessions in a row of gains. NYSE Composite (CP) is dropping 0.45% to $16,390.19, after three consecutive sessions in a row of gains."
But now the yahoo chart shows a steady upwards progression, with 52 week range being "48.61 - 83.07". And certainly if CP had dropped like that, it would have had a catastrophic effect on my TPOR etf and nothing of the kind happened.
Is this a stock split that simply confused a news outlet?