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Thread: What drives Air Canada's stock price?
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Old Oct 1, 2018 | 6:32 pm
  #347  
WaytoomuchEurope
 
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Originally Posted by YYC009
AC stock down over 5% today; one of the only ones in my portfolio that traded negative today, as most were up on the positive news of the new NAFTA deal.

Anyone care to speculate what caused a single day drop of over 5% today? Seems a little odd, no?
A group of people clearly knew today something we will find out tomorrow. I’m sure they used the info wisely though, and didn’t for a moment consider trading based on advanced knowledge of something like say...quarterly results.
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