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CEDC Surges Most in One Month as Nomura Upgrades Vodka Producer

May 24 (Bloomberg) -- Central European Distribution Corp., Poland’s second-largest vodka maker, gained the most in a month after Nomura Holding Inc. upgraded the stock.

The shares jumped 9.1 percent, the most since April 23, to 14.18 zloty as of 9:06 a.m. in Warsaw trading. Nomura raised CEDC to neutral from reduce.

To contact the reporter on this story: Piotr Bujnicki in Warsaw pbujnicki@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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