EL volume surged as the prior risk-off move continued alongside its Microsoft partnership announcement.
Unusual Volume
EL volume surged as the prior risk-off move continued alongside its Microsoft partnership announcement.
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No new catalyst: trading volume turned unusual while EL was still moving with the broad US risk-off selloff. The S&P 500 and Nasdaq fell sharply as volatility jumped, while EL's Microsoft partnership announcement remained the standing company-specific development. EL traded more actively as investors positioned through the market selloff and the partnership news.
No new catalyst: trading volume turned unusual while EL was still moving with the broad US risk-off selloff. The S&P 500 and Nasdaq fell sharply as volatility jumped, while EL's Microsoft partnership announcement remained the standing company-specific development. EL traded more actively as investors positioned through the market selloff and the partnership news.