Bristol myers squibb might merge with another company. If this happens how will it affect my stock price?
- 1 decade agoFavorite Answer
Chances are, if Bristol Myers Squibb is the company being bought (i.e. if Pfizer were to buy them), then Bristol's stock will go up, just as the other person said. Reason being is that to the market, Bristol must be a valuable company and doing something right, or else why would they be in these negotiations to begin with? So, the market will generally feel that the stock is undervalued, and it will go up. A lot of times, the company that is the one that is taking over another has their stock go down right aroudn merger time. The reason for that is the market feels they are paying too much for the other company, fair or not.
- Anonymous1 decade ago
- Big KLv 51 decade ago
It will go up right before the sale