Would Air Transat Close the Gap?
TSX:TRZ TRANSAT AT INC
After Air Canada's rejection of the takeover offer at $5 per share, Air Transat experienced slight turbulence and cratered around 20% this morning. Is that a buying opportunity?
Looking at today's close with a hammer candle, there seems to be demand in $4.40 - $4.50 range
Gap successfully filled!