Soccer is not just trending because of the World Cup this week. It’s also trending because Manchester United’s stock is going gangbusters. 😮
The soccer franchise saw its shares rise 60% this week on news that its owners are exploring a sale. And they expected a “bidding war” to take place. It was also in the news because Cristiano Ronaldo and the club mutually agreed that the superstar would leave the club “with immediate effect.”
Whether or not the rally will lead to investors scoring a goal remains to be seen. But for now, this trending stock seems to have some staying power in the minds of investors and traders. 🧠