"NY Post Releases Acquisition News"
Charter Communications Inc.
January 17, 2017 at 10:33:00 am (EST) — The New York Post releases an article titled “Verizon Mulling Acquisition of Big Cable Company”, stating the most likely targets would be “Charter or Comcast”.Read The Article
Less than 1-minute after the press release, NewsHedge alerted its clients to the unusual trading event at 10:34:47 am (EST) as shares swiftly climbed from $297.69 to $300.19.
As news broke, Wall Street instantaneously took to Twitter to share information. According to Metricle's quantitative Twitter data, Twitter posts for Charter Communications produced a positive “buy” signal—as visually seen below.
Over the next several trading sessions, our quantitative data continued to produce a positive "buy" signal—giving our clients even more conviction to remain long, or to add to their long position.
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