WHY DID JOLLIBEE DROP TO 231 PESOS?
As you all know, Jollibee bought Coffee Bean for 18 Billion Pesos. After news broke out, the stocks dropped massively and hit a low of 231 Pesos per share.
What caused this? Wasn’t the purchase suppose to be good news that should have triggered the stock to go higher?
Why did the stock go down when the news was released?
As a trader and investor, what will now happen to the stock over the next few days and what should you do?
Jollibee will be one of the biggest food chains in the world —
Jollibee buys CBTL –
#StockSmarts #Jollibee #CBTL #StocksByRequest
Follow me in Facebook:
If you want to invest in stocks:
Stock Smarts Shopee Book Orders
To grab a copy of the books:
To grab a book from the online store:
For those who were asking about our next events, here are our Stock Smarts Schedules:
Manila: September 14, 15, 21, 22 & 28 (
Hong Kong: August 11 (
ICON Iloilo: August 17 (
Dubai: August 30 – September 3 (
Qatar: October 2 – 7 (
Singapore: November 6 – 10 (
Taiwan: November 2 (