June 28, 2021

Markets were “mixed” and little-changed on Monday with the S&P 500 up 0.2% and Toronto down 0.4%.

Bigger movers included Linamar down 3.5% and Alcanna down 3.2%.

The next updates planned are for Canadian Tire, Couche-Tard and RioCan.

I see that StorageVault Canada 5.5% non-convertible debenture offering is still open at TD Direct. Often a “bought deal” issue sells out immediately. I just don’t like this one. I suspect the banks are going to have to sort of flog it to get it sold. 

 

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