I cannot tell you why ,but I can tell you how.I’ve been watching SZL for a while looking for an entry to add to my holdings.It has been accumulating around the mid $7 range and today after big sell off in Affirm and the Nasdaq overnight it traded down ti 7.30 before regaining those losses over rest of day.So after picking some up during day tuned in for the closing auction hoping for a bullish engulfment on the candlestick chart.So in comes a bid for 400000 shares at 8.20.....intriguing,but at first thought it was a bullshit bid designed to hide the true auction price to be pulled at the last minute,but no genuine bid!So good to someone with a lazy $3 mill to spend thinks it’s a good entry!Andwe got the engulfment,!
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