merger and time of day

Discussion in 'Trading' started by zdreg, Jun 2, 2020.

What time of day is a stock halt to result from a merger announcement?

  1. pre-market

    1 vote(s)
    33.3%

  2. after opening - random

    0 vote(s)
    0.0%

  3. close to the 4pm close

    0 vote(s)
    0.0%

  4. after 4 pm

    2 vote(s)
    66.7%
  1. zdreg

    zdreg

    What time of day are stocks most likely to be halted for news of merger? prior to opening? after market close? middle of day? near market close?
    Why?
     
    Last edited: Jun 2, 2020
    #1     Jun 2, 2020
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  2. zdreg

    zdreg

    #2     Jun 2, 2020
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  3. Maverick2608

    Maverick2608

    I'm inclined to answer almost never. With regards to timing of announcement: pre-market followed by after market. Almost never during market hours.
     
    #3     Jun 2, 2020
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  4. cruisecontrol

    cruisecontrol

    This matches with my anecdotal experience. I have a system that holds 100+ stocks overnight and most of the big surprises have come in the morning (since 2014)
     
    #4     Jun 2, 2020
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