Thursday, August 06, 2020

KC Southern Stock Bump Amid Acquisition

Interesting local biz tidbit for the investor class reading the blog . . . And for anybody who mistakenly thinks that "The Wall" was anything more than an empty campaign promise. Read more on this international trade gambit:

Why Kansas City Southern Stock Popped 10% This Morning | The Motley Fool

Follow @@RichSmithFool Shares of railroad ( Kansas City Southern NYSE:KSU) went tearing down the track this morning, rising more than 10% in early trading and still up a respectable 4.8% as of 12:55 p.m. EDT.

1 comment:

Anonymous said...

Current info says the private equity group is willing to pay a 24% premium over current market cap, a 5%-10% bump is expected.