Front-running is an illegal practice of purchasing a stock based on unpublished information of a large transaction that could move prices. Since big trades by large investors usually move stock prices, those with insider information build positions prior to the execution of the large investor’s order betting that they would make profits once the purchase or sale happens.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of