Price/Volume Alert: Bunge Ltd. (BG)

Posted in General 
January 14th, 2009

Shares of Bunge Ltd. (NYSE: LTD) have not been super-active in pre-market trading volume.  Yet….  Shares are down almost 11% at $42.85 as of 9:05 AM EST on only about 8,000 shares.  This comes on the heels of last night’s earnings warning.  Its 52-week trading range is $27.60 to $135.00.

Bunge traded 4,763 shares in yesterday’s after-hours session, but shares looked down only about 5.3% based on that last trade.  This trades 2.8 million shares on average, so with that sort of a price drop we should expect this one to easily reach its average daily volume early this morning.

Jon C. Ogg
January 14, 2009

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