A Week to Remember for Manchester United Investors as Stock Surges 68%
- Stock gained 62% this week as its owner mulls possible sale
- Return since its IPO trails gains by Juventus Football Club
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Manchester United Plc investors have had themselves a week to remember.
From the departure of renowned star Cristiano Ronaldo to news of a possible sale of one of the world’s biggest soccer clubs, shares of the US-listed English sports company have gone on a wild ride. The stock has surged 62% to add about $1.3 billion in market value and trade at its highest level since February 2019.