Today - on 24.04.2023 - Software AG stock jumped +50% due to a takeover offer from private equity firm Silver Lake, whereas Bed Bath & Beyond filed for bankruptcy.
With a Software AG it was a nice news for me, since my AI based stock picking system has previously pointed me on it (and I held about 3% of capital in SOW.DE).
But for me the Software AG is also fabled due to the book by Susan Levermann, p. 129
As to Bed Bath & Beyond, I used to actively trade it some years ago and called it jumping on a mattress. Interestingly that the fear of BBBY bankruptcy was in the air already by that time but the stock first flew to-the-moon... before finally smashing on Earth today...
Like this post and wanna learn more?
Have a look at Knowledge rather than Hope: A Book for Retail Investors and Mathematical Finance Students
FinViz - an advanced stock screener (both for technical and fundamental traders)
FinViz - an advanced stock screener (both for technical and fundamental traders)