Why Sculptor Capital Stock Was Up 20.1% This Week

Sculptor Capital Management (NYSE: SCU) surged this week, as its stock price jumped 20.1% from last Friday's close through 12:30 p.m. ET today, according to S&P Global Market Intelligence. The stock is trading at about $10 per share as of Friday at 12:30 p.m. ET, up about 15.4% year to date.

Overall, the markets had a positive week as the S&P 500 gained 1.4%, the Dow Jones Industrial Average was up 1.3%, and the Nasdaq Composite climbed 2% this week as of 12:30 p.m. ET on Friday.

Continue reading


Source Fool.com