- This event has passed.
ANTX-Share Lockup Expiration Date
September 21 @ 8:00 am - 5:00 pm
The Share Lockup Expiration Date can lead to all types of price movement. It could be completely inconsequential, or it could rocket the price, or it could tank it. It really all comes down to what the market expects the shareholders who can now sell to do, and what they end up doing. If the market believes the people who can now sell shares are likely to sell, there will be selling pressure on the price leading up to it. If that expectation ends up being wrong, there could be a speedy over-correction.
Simultaneously, if everyone who is suddenly able to sell shares decides to do it, they can tank the price consequentially. It is important to keep up on how many shares can be sold, and look for any comments out in the public universe that might clue you in to what shareholders are expecting.