Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
>> HAS announced movement to the NYSE on 26 June. By my numbers, that's a few weeks before they report their Q2 numbers. Any thoughts on the significance of this move at this particular time? <<

I usually don't predict things like this, but I'll take a guess: HAS is expecting a blowout quarter, and wants to be traded on NYSE before they announce so that they'll pop up in all the NYSE positive-earnings-surprise reports, hoping that will attract new investors. Frankly, I don't know if these means anything significant for their stock price. Like a split, the switch to a new market doesn't change anything about the company fundamentals.



Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.