I think
illiquid stocks sometimes take a little longer to react to news that is more quickly priced into liquid stocks.
Not exact matches
For example, some high - yield indices
sometimes contain
illiquid components which means that investors may struggle to trade their ETF shares at a reasonable price and exactly at the time they want, via the
stock exchange.
Mr. Wadhwaney has frequently targeted small - to mid-cap
stocks, often not covered by analysts at other funds,
sometimes illiquid and unpopular.