Powered by

Canadian Tire drops 4.0% on robust volume post dividend February 05, 2018 17:00 EST

Feb 05, 2018 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Canadian Tire Corporation, Limited (TSX:CTC), Canada's 4th largest Apparel & specialty retailer by market cap, has dropped CAD10.35 (4.0%) from its last trading session of February 02 to close at CAD248.55. Compared with the S&P/TSX 60 Index which fell 18.1 points (2%) in the day, the relative price change was -2.0%. The fall was exacerbated by robust volume of 1.4 times the average daily volume of 292 shares.

DIVIDENDS

The shares dropped 4.0% in th...