Take a look at the chart at right. Click to enlarge it. Note particularly that after about the second hour of NASDAQ trading this morning, both the clearing-prices for Mattersight, and the volumes, went through the roof. I've marked it in gold, for clarity.
There was no corporate news. And it is a certainty that the patents, announced two days ago, now, wouldn't be market-movers.
No, my guess is that someone has gleaned some advance (inside?) information about whether the tender offer for Mattersight's Series B Preferred will be extended beyond this Friday, at 5 pm, Chicago time.
Could be a very bumpy trading day, tomorrow.
We'll keep an eye on it.
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