Tuesday, March 29, 2016

I own stock in a company that was sold... now what?

I have a small number of shares in Cleco (CNL) which announced last night that they would be sold to Macquarie Group. As a result, the stock price jumped 13% and has been rock steady since then.

At this point, do I continue to hold onto these shares, or do I sell them?

Can I expect the price to go up? Go down? Stay the same?

I am very new to this so I apologize for the noob questions. Thank you!

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Submitted March 29, 2016 at 01:30PM by ferocity02 http://ift.tt/1okDp0Z

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