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Why Manchester United Stock Was Rocketing Higher Again Today

Jeremy Bowman, The Motley Fool
·2-min read

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. 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. On Friday morning, British tabloid The Daily Star reported that Apple (NASDAQ: AAPL) was among the parties exploring a bid for the soccer team.

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