Why Manchester United Shares Are Trading Higher By 30%; Here Are 20 Stocks Moving Premarket
Portfolio Pulse from Lisa Levin
Manchester United shares are trading higher by 30% following reports that a bid by Qatari investors has been accepted. Other pre-market gainers include YS Biopharma, The OLB Group, iBio, SunCar Technology Group, CN Energy Group, PolarityTE, Eastside Distilling, IronNet, and Bruush Oral Care.
June 13, 2023 | 12:15 pm
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Manchester United shares are up 30% in pre-market trading following reports that a bid by Qatari investors has been accepted.
The news of a bid acceptance by Qatari investors is a significant development for Manchester United, as it indicates a potential change in ownership and possible injection of capital. This news is likely to drive the stock price up in the short term as investors react to the potential implications of the deal.
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