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 1It 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