CNI: $150 Million Dark Pool Block Trade as YTD Lows are Broken
Canadian National Railway CompanyNYSE
Description
⋅ Trading railroads? Today NYSE:CNI broke its year-to-date lows, the day before it goes ex-dividend.
Of course, none that stopped a dark pool block trader from moving 1.35 million shares over two quick trades this morning.
Bullish? Bearish? Just dividend action?
We shall see. For now, this is a spot to mark if you like NYSE:CNI as this was a massive block trade.