SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Zeneca Group plc (NYSE ticker ZEN) -- Ignore unavailable to you. Want to Upgrade?


To: dwc who wrote (50)10/30/1998 11:07:00 AM
From: DavesM  Read Replies (2) | Respond to of 75
 
dwc

I have given up trying to understand how the market prices this stock. When the original news of the study hit (evening), the stock opened (next morning) up only about a point, and stayed there for at least the first hour of trading. Then the stock moved up over the rest of the day almost 10 points (pre 3-1 split) to almost 150. Its been downhill from there ever since.