Whisper Stock definition explanation

What is Whisper Stock?
Shares in a company that is rumored to be the target of a takeover offer. The source of whisper stocks could be anybody from an investment banker involved in a deal, to the spouse of an executive privy to the information. Read more for examples and further explanation including related video clips and also comments

Example explains Whisper Stock
Remember, the “”whisper”” is just a rumor. There is no guarantee that the company will actually be taken over.

Further, there is a real question to the legality of the information. Getting caught trading on insider information is a quick way to a jail sentence.

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