BlockLevels

CNI: $150 Million Dark Pool Block Trade as YTD Lows are Broken

NYSE:CNI   Canadian National Railway Company
Trading railroads? Today CNI broke its year-to-date lows, the day before it goes ex-dividend.

Of course, none that stopped a dark pool block trader from moving 1.35 million shares over two quick trades this morning.

Bullish? Bearish? Just dividend action?

We shall see. For now, this is a spot to mark if you like CNI as this was a massive block trade.

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