skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. ECN: I can't see any news but there was certainly a pop to the stock today (28-Nov). [ECN Capital Corp.]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I can't see any news but there was certainly a pop to the stock today (28-Nov). Any insight as to what happened drove this?
Asked by Kyle on November 28, 2023
5i Research Answer:

There is no news today; it could be tax-loss selling pressure diminishing. Rates continue to tick lower as well providing for some better support to yield-sensitive stocks. Volume has surged which adds more meaning to today's move. There have been seven decent-sized blocks of 100,000 shares or more. 

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

  • Access to a team of experts ready to answer your investments question 
  • Instant access to over 100,000 archived questions
  • A community of like-minded investors
  • Peace of mind knowing that 5i Research has only YOUR best interests in mind