Q: It looks like WELL shot higher in the last 5 minutes of trading on volume of over 330K. Any chances that this might have something to do with purchasing ELNA Medical Group which filed for creditor protection last month in Quebec?
As always, appreciate your viewpoint.
As always, appreciate your viewpoint.
5i Research Answer:
It is possible, but with no disclosure it is impossible to get confirmation. WELL did file a patent dispute yesterday against a competitor. The stock is still down on the year and it could also have simply been some bargain hunting buyers.