Shares of the iconic Premier League club Manchester United (NYSE: MANU) rises more than 60% in the last week following the news that the club has been put up for sale and most importantly, different buyers are already running up their interests in acquiring it. On the other hand, the club also agreed on a mutual termination of Portuguese football superstar Cristiano Ronaldo’s contract.
Manchester United’s stock price has displayed a significant degree of volatility throughout the last week. In the coming days, Intraday volatility can be expected to continue as more attention understandably turns to who could potentially take control of the club. The soccer club is currently in the fifth position in the Premier League.
Can United’s stock continue to pop? - https://gulfbrokers.com/en/manchester-is-red-manu-stock-jumped-60-last-week