Apr. 15 at 2:12 PM
$BAND hit a high of +8% this morning, did 60% of ADV in the first 35 min. Rest of the comms group (
$TWLO ,
$FIVN,
$RNG, 8x8) all sub-10% of ADV. Not a sector flow day, somebody is either building a real position or covering a short. No options activity to speak of, so likely a long-only fund accumulating.