Why Manchester United Stock Was Rocketing Higher Again Today

Shares of Manchester United (NYSE: MANU) were surging again Friday as talk of possible buyouts of the storied English soccer club fueled further gains in the stock.

As of 12:15 p.m. ET, shares were up 15.3%.

Manchester United shares are now up by around 67% this week as initial rumors about a sale gave way to a confirmation from the company, which said Tuesday it was exploring "strategic alternatives" including a potential sale of the club.

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Source Fool.com