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Shaw Communications tumbles 6.4% on firm volume March 01, 2017 17:00 EST

Mar 01, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Shaw Communications Inc. (TSXV:SJR.A), Canada's 11th largest Communication services company by market cap, has tumbled CAD2.14 (6.4%) from its last trading session of February 28 to close at CAD31.56. Compared with the S&P/TSX 60 Index which rose 11.1 points (1.2%) in the day, the relative price change was -7.6%. The fall was exacerbated by firm volume of 1.3 times the average daily volume of 312 shares.

SECTION 1

SHAW COMMUNICATIONS BEARISH SIGNALS

1.1 Fundam...