$MGLD gaps higher after Madison Dearborn Partners signs a definitive agreement to buy the company. Cross-stock sessions with opening gap-ups of 30 percent or larger show two-thirds closing below that day's open. The signed paper sits on the table while the same-session close decides whether the premium survives the tape.
$MGLD — what the base rate says
What the data showed
- $STFS -41.61% mcap $12M · float 1M shares
- $CDT -30.58% mcap $2M · float 790,000 shares · sector: PHARMACEUTICAL PREPARATIONS
- $TRUG -25.68% mcap $816,806 · float 5M shares · sector: SPORTING & ATHLETIC GOODS, NEC
- $LGO -23.30% mcap $112M · float 75M shares
- $PMAX -20.00% mcap $4M · float 1M shares
- $TWG -18.49% mcap $76M · float 12M shares
- $LESL -17.11% mcap $4M · float 7M shares · sector: RETAIL-RETAIL STORES, NEC
- $STAK -14.58% mcap $21M · float 10M shares
- $DCX -13.27% mcap $46M · float 910,000 shares
- $GCTK -12.79% mcap $2M · float 9M shares · sector: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS