merger and time of day

What time of day is a stock halt to result from a merger announcement?

  • pre-market

    Votes: 1 33.3%
  • after opening - random

    Votes: 0 0.0%
  • close to the 4pm close

    Votes: 0 0.0%
  • after 4 pm

    Votes: 2 66.7%

  • Total voters
    3
What time of day are stocks most likely to be halted for news of merger? prior to opening? after market close? middle of day? near market close?
Why?
 
Last edited:
I'm inclined to answer almost never. With regards to timing of announcement: pre-market followed by after market. Almost never during market hours.
This matches with my anecdotal experience. I have a system that holds 100+ stocks overnight and most of the big surprises have come in the morning (since 2014)
 
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