Insider Trading On The IBM Cognos Deal?

from the anyone-from-the-sec-paying-attention? dept

Technology stocks have been getting battered over the last few days, which is why it stood out to folks like Eric Savitz at Barron's that Cognos stock jumped on no particular news last Friday. It was one of very few tech stocks heading up, so it clearly stood out. Since the company had been subject to various acquisition rumors, it wasn't too surprising to hear Monday morning that IBM was buying Cognos for $5 billion -- but it has folks like Savitz wondering if the SEC is on the trail of whoever was clearly trading on that info on Friday.

Filed Under: insider trading, sec
Companies: cognos, ibm


Reader Comments

Subscribe: RSS

View by: Time | Thread



Add Your Comment

Have a Techdirt Account? Sign in now. Want one? Register here



Subscribe to the Techdirt Daily newsletter




Comment Options:

  • Use markdown. Use plain text.
  • Remember name/email/url (set a cookie)

Close

Add A Reply

Have a Techdirt Account? Sign in now. Want one? Register here



Subscribe to the Techdirt Daily newsletter




Comment Options:

  • Use markdown. Use plain text.
  • Remember name/email/url (set a cookie)

Follow Techdirt
Techdirt Gear
Shop Now: I Invented Email
Advertisement
Report this ad  |  Hide Techdirt ads
Essential Reading
Techdirt Deals
Report this ad  |  Hide Techdirt ads
Techdirt Insider Chat
Advertisement
Report this ad  |  Hide Techdirt ads
Recent Stories
Advertisement
Report this ad  |  Hide Techdirt ads

Close

Email This

This feature is only available to registered users. Register or sign in to use it.