Posted by: Market Watch in Market Information 27 minutes in the past Shares of Atlantic American Corp. skyrocketed almost 4 fold on large q
Shares of Atlantic American Corp. skyrocketed almost 4 fold on large quantity, placing the on observe for the best shut since earlier than Black Monday. The Atlanta-based insurance coverage holding firm’s inventory, up 272% in afternoon buying and selling, was the largest gainer buying and selling on main U.S. exchanges. Buying and selling quantity exploded to 86.9 million shares, sufficient to make the inventory the second most actively traded on the Nasdaq, and lots of multiples of the full-day common over the previous 30 days of about 52,300 shares. The corporate confirmed to MarketWatch that it has not issued any press releases because it reported third-quarter outcomes on Nov. 10. The inventory, which is headed towards the best shut since April 1987, has now rallied 337.9% over the previous Three months, whereas the SPDR S&P Insurance coverage ETF has edged up 1.3% and the S&P 500 has gained 10.7percentMarket Pulse Tales are Speedy-fire, brief information bursts on shares and markets as they transfer. Go to MarketWatch.com for extra data on this information.
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