Why Shares of Eros International Both Rose 42% and Fell 23% in One Day

Apr 21, 2020 | Top Stories

By 99percent

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Why Shares of Eros International Both Rose 42% and Fell 23% in One Day
Why Shares of Eros International Both Rose 42% and Fell 23% in One Day 3It was a wild Monday for shareholders of Indian movie studio Eros International (NYSE:EROS). The stock initially rose 43% before cratering as much as 22.6%. By market close, investors were still down a painful 18%. It appears that investors aren’t certain how to process the news that Eros International is merging with privately held STX …
News story posted on 2020-04-21T01:08:00.0000000Z

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