What is In Play?
How Does In Play Work?
Let's say Company XYZ has a ton of balance sheet, and activist investors have been pressuring it for nine months to sell. Company XYZ finally decides that it is for , and announces that it is exploring 'strategic partnerships' with interested investors.on its
Company XYZis in play.
Why Does In Play Matter?
When a stock price in order to induce the shareholders to sell the company and to beat out any competing bidders. For that reason, some traders are interested in that are in play, and perhaps more important, stocks that could become in play soon.is in play, it can run up quickly. That's because the eventual buyer is likely to pay a premium over the current