These are all acquisition targets that had been trading at their tender offer price for at least a month before the reaction. My guess is that they were indiscriminately sold off by institutions without paying much attention to the state of the deal.
Under the assumption that these firms will still be acquired, there should be alpha in these positions because they should not be traded based on market risk but instead on the likelihood they will be acquired
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.