|Bid||487.72 x 0|
|Ask||488.13 x 0|
|Day's range||476.37 - 488.87|
|52-week range||308.29 - 489.37|
|Beta (5Y monthly)||0.71|
|PE ratio (TTM)||24.97|
|Earnings date||20 Jul 2021 - 26 Jul 2021|
|Forward dividend & yield||3.80 (0.80%)|
|Ex-dividend date||24 Jun 2021|
|1y target est||312.95|
The boost could be taken as a sign of weakness, or an indication Canadian National thinks it can push a deal through.
Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.
Canadian Pacific (CP) had earlier agreed in its talks with U.S. railroad Kansas City Southern (KCS) to bear most of the risk of the merger deal not going through. It was going to buy KCS shares and place them in an independent voting trust, insulating the acquisition target from its control until the STB, which oversees freight rail, clears the deal.