There's a 1/7 chance it just happened to be a Friday; probably closer to 1/5, given that these things tend to happen on workdays.
I get that this looks like a strange coincidence, but major shareholders just had minutes of warning and they released the news before market close, sending Microsofts stock crashing down. Had they had the time to wait until Friday, they would have had 30 more minutes. So unless they had some fun with shorts, this doesn't look like a planned out action at all.
I get that this looks like a strange coincidence, but major shareholders just had minutes of warning and they released the news before market close, sending Microsofts stock crashing down. Had they had the time to wait until Friday, they would have had 30 more minutes. So unless they had some fun with shorts, this doesn't look like a planned out action at all.