From Battle to Go Private to Mideast's Top Stock in 3 Weeks - Bloomberg:
"Investors in Kuwait’s Human Soft Holding Co. now own the best-performing stock in the Middle East after resisting the company’s efforts to delist.
The Kuwait-based education firm has risen almost every day since May 2, when the Capital Markets Authority rejected a bid by the company to voluntarily delist shares. The advance helped add fuel to a rally that began weeks earlier after Human Soft said first-quarter profit doubled, boosting the stock 93 percent since mid-April to May 8. "
'via Blog this'
No comments:
Post a Comment