Why Eros International Stock Is Climbing Higher Again Today

Shares of Eros International (NYSE: EROS) were climbing higher on Friday after announcing a new partnership with Visa (NYSE: V) in India, strengthening its leadership position in the country. As of 1:00 p.m. EST, the stock was up 8%. But it had traded 18% higher at one point.

The Visa partnership is the only news specific to Eros explaining the stock's move. However, it's possible investors are sending the stock higher due to strong results from other media companies this week.

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Source Fool.com