The Traderszone Network

Published in TZ Latest News 12 May, 2017 by The TZ Newswire Staff

Why Pingtan Marine Enterprise Exploded 20% Higher Today

Shares of Chinese fishing company Pingtan Marine Enterprise (NASDAQ: PME) collapsed on Wednesday, tumbling 28.2%. The shares fell again on Thursday, down 3.4% more. But then, a miracle happened: On Friday, Pingtan stock bounced back, and was riding 20.4% higher as of 1:20 p.m. EDT.

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