STARK Plunges 21% after a Report of ฿1.83Mn Shares in Big Lot Transaction at Lower Price
STARK Plunges 21% after a Report of ฿1.83Mn Shares in Big Lot Transaction at Lower Price.
The share price of Stark Corporation Public Company Limited (STARK) dropped ฿0.40/share or 20.83% to ฿1.52/share with a trading value of 3,217 million baht in the morning session of October 28, 2020.
The market believed the reason for a sharp plummet was due to a report of Big Lot transactions of 28 items for a total of 1.83 million shares worth 2.57 million baht at an average price of ฿1.40/share, which was lower than the closing price on October 27 at ฿1.92/share.