Matt Levine
speaker
4,268 appearances
11 recordings
1 series
first heard Jun 2026
last heard 4d ago
Matt Levine’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 11 in all, peaking in Jul 2026 with 5.
Appearances
People get very confused.
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Yeah, it's very strange.
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Like, people don't understand this stuff.
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Like, people get confused about how record dates work and X dates work.
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And in fact, I've mentioned Exoma previously bought another biotech company that, like, also messed up its record date stuff.
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It put out a press release basically saying,
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Yes.
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Yes.
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Apparently this is common in biotechs is to mess up record dates.
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I don't really know why.
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So the press release said if you own it through August 25th, then you get the thing.
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But it also said that August 25th was the X date, which is a technical term meaning you don't get the thing.
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So it said you do and don't get the thing on August 25th.
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And eventually they had to clarify it after the fact.
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And the stock traded in between the price of the thing and the price without the thing because some people read the press release one way and some people read the press release the other way.
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Similarly here, like the stock traded between the price with the CVR and the price without the CVR because people genuinely didn't know how to take things.
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And different people had different opinions.
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And that's what makes a market.
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Well, I think that like, there's sort of not a record date for a merger.
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Like when the merger closes, the people who own the stock get like the stuff.
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Showing 2241–2260 of 4,268 · page 113 of 214
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