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Ubisoft shares jump after Reuters reports upbeat CEO comments10.11.2008
Shares of video game player Ubisoft jumped 11 percent on Nov. 13 after Reuters was well ahead of rivals with news that its CEO was saying at a New York conference that holiday sales were doing “great.” Ubisoft’s stock was up 2.7 percent before the headlines hit, and rose further to be as much as 11 percent higher. Some 21 minutes later, Bloomberg ran a story that cited Reuters story. Dow Jones matching story ran more than 90 minutes later. |
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