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Mercom Capital Knows Of No Reason For Surge In Share Price

5th Oct 2016 12:57

LONDON (Alliance News) - Mercom Capital PLC on Wednesday said it has noted the recent surge in its share price but knows of no reason for the movement.

Mercom shares closed higher on Tuesday and were trading up 29% to 6.75 pence per share on Wednesday afternoon.

The investment firm said it knows of "no operational or corporate reason" for the rise.

By Joshua Warner; [email protected]; @JoshAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved. 

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