Manchester United shares are trading higher after the company raised its FY23 revenue outlook ahead of a potential sale.
Portfolio Pulse from Benzinga Newsdesk
Manchester United has raised its FY23 revenue outlook, which has led to a rise in its share prices. This comes ahead of a potential sale of the company.
June 27, 2023 | 7:28 pm
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Manchester United's raised FY23 revenue outlook has led to an increase in its share prices. This is likely to have a positive impact on the company's stock in the short term.
The raised revenue outlook for FY23 indicates that Manchester United is expecting higher earnings, which is a positive signal to investors. This has led to an increase in the company's share prices. If the potential sale goes through, it could further boost the company's stock.
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