Stock Market Alert - DOW Up on Buyout Rumors

Posted on Monday 26 February 2007



Stock Market Alert - Is DOW going to be the next target of a major buyout? Rumors swirled on Monday, as the stock ticked higher over 3% to close the regular session at $44.99 on extremely heavy volume (36.2 million shares traded versus a normal daily average of just over 5.5 million shares traded.) The stock market is speculating that there is enough liquidity out there to finance such a purchase, which would be expected to be in the $55 billion dollar range for the company. DOW set a new 52 week high on the day of $47.26 before pulling back and closing at $44.99



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