The announcement has such large implications to each company's future bottomline, the true value of it can't be quantified in the 1hr 50mins since it was released.
Good opportunity to book some profits whilst working out the deal's value; good opportunity for a stop loss hunt on others who don't move so swiftly.
The 2020 mindset of "news = price go up" is over. Trading in 2021 is back to being more nuanced than that. Smart traders are selling quality news, sewing temporary panic, waiting for others to shit it another 5-15% and then they buy again.
The announcement has such large implications to each company's...
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