Which stock rose 313% on Friday?
I wish this price move had been as predictable as the company’s bankruptcy!
Over 226 million shares of Lehman Brothers were traded on Friday, sending the stock up over 313 percent.
When your starting price is only $0.06, your company is uber risky and ineligible for short sales, I guess this type of return is not hard to imagine.
Perhaps, the stock will continue to fluctuate as more buyers emerge to purchase the firm’s remaining pieces. Who knows what will become of Lehman this week, but Friday was someone’s lucky day!
Tags: bankruptcy, lehman brothersRelated Stories
POSTED IN: Corporate, Economy, Investment, Market, News
1 opinion for Which stock rose 313% on Friday?
Slim
Sep 22, 2008 at 10:17 pm
I think that I want to hear more about stock trading. Should I invest in it or not?
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