Tag Archives: fluctuating

AOL Share Price Being Erroneously Quoted On Ex-Dividend Day Ahead Of The Special Dividend.

Anura Guruge, laughing, picture November 16, 2011.

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by Anura Guruge


Related post:
>> Special Dividend Extravaganza This Coming Week — Dec. 1, 2012.


 

I captured this from 'Marketwatch' a few minutes ago. Check out the highlighted fields.

I captured this from ‘Marketwatch’ a few minutes ago. Check out the highlighted fields.

So having compiled the special dividend chart last Friday I was acutely aware that today was the ex-dividend date for AOL. My son had also called up with an alternate approach that he is considering in terms of how to play these special dividends.

So, I happened to check the AOL quote to see how it was fairing. I saw the red arrow and the 13% down. But, that didn’t seem right judging from the graph to the right! That shows fluctuations in today’s price with the GRAY bar indicating the ‘open price’; i.e., $32.48. AOL had actually gone up.

I made a few phone calls. It appears that the stock quoting systems are getting their knickers in a twist because of the pending special dividend.

So this is just a head’s up. Check all quotes you see over the next couple of weeks.

P.S., the quote for SEM is also wrong!