Traders tracking
ARHS
take note that a massive $12.8 million dark pool block trade was conducted in the premarket at $10.08 today.
This took place over 3 trades within a couple of minutes, all at this price.
Year to date, this trade is at the volume point of control... is this a bet that Arhaus will be breaking upside? Downside?
Or, is it the completion of an underwritten offering from earlier in August (you can see the price gap) in which the underwriters were granted a 30-day option to buy up to an additional 1.8 million shares?
Time will tell... but it's worth noting that this offering event is nearly complete.
ARHS
take note that a massive $12.8 million dark pool block trade was conducted in the premarket at $10.08 today. This took place over 3 trades within a couple of minutes, all at this price.
Year to date, this trade is at the volume point of control... is this a bet that Arhaus will be breaking upside? Downside?
Or, is it the completion of an underwritten offering from earlier in August (you can see the price gap) in which the underwriters were granted a 30-day option to buy up to an additional 1.8 million shares?
Time will tell... but it's worth noting that this offering event is nearly complete.
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Trade with the giants, instead of against them.
Join us for free on Discord: blocklevels.com