EconomyShares in Russian social media giant VK soar more than 45% in a few days
VK shares rose more than 45% from October 29 through November 2, including a 25% gain on November 2 that prompted the Moscow Exchange to activate a special trading mode. The stock began retreating on November 3. The rally followed VK’s nine-month results, but analysts questioned whether the surge was justified; investor Yevgeny Kogan called it speculative.
Shares in Russian social media giant VK soar more than 45% in a few days