Dividend Question – CNSL

So I am was looking at a ticker, CNSL.. It is paying a .38 dividend, the goes exdate on 7/12… The price is down like 5% today and maybe a 3% on Friday.. On average, only a couple hundred thousand shares a day move a day.. Why the big sell off right before the ex-date..? I would think the shares would be going the other way. What am I missing here?

Submitted July 10, 2017 at 12:07PM by Bag703357
via http://ift.tt/2uJhk0T

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