Stock That Tanked After ‘Shocking’ Tesco Deal Soars Most in Year

  • Tesco Kipa rises 20% after losing half its value in 4 days
  • Investors bet that regulator will demand mandatory share call

Tesco Kipa ended a selloff that wiped out more than 50 percent of the stock’s value, on optimism that Turkey’s market regulator will protect minority shareholders’ rights.

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