Northern Star Resources Limited is trading 6.1% up at $19.44 as bargain hunters move in following a sharp two-day selloff triggered by the rejection of a takeover proposal.
- The stock had dropped approximately 5% to $17.60 on June 11, 2026, after the board rejected Elliott Investment Management’s sale proposal valued at roughly $21 per share.
- Today's rebound suggests investors are reassessing the impact of the board's decision and finding value at recent lows in the absence of new company-specific announcements.