Schibsted Climbs to 21-Year High on Online Prospects: Oslo Mover
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Schibsted ASA climbed to the highest price since first selling shares in Oslo more than two decades ago as UBS AG said investors are underestimating the growth potential of the Norwegian media company’s online operations.
Schibsted climbed as much as 2.7 percent to 284.5 kroner, the highest intraday level since July 20, 1992. The stock traded