North Bergen, New Jersey 2/4/2010 4:39:56 AM
News / Business

Borders shares skyrocket up to 38% on the New York Stock Exchange.

38 percent share increase for Borders Group Inc. (NYSE:BGP)

Borders Group Inc. (NYSE:BGP) becomes a huge topic of interest at Wall Street Grand LLC. Wall Street Grand LLC, a leading investor newsletter is pleased to announce to the investment community and Wall Street Grand members market moving news About Borders spiked share percentage. Borders Group Inc. trades on the “New York Stock Exchange” under the symbol BGP. To learn more about BGP make sure to visit our exclusive website http://www.wallstreetgrand.com/.

 

  

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Borders Group Inc (NYSE:BGP) shares skyrocketed to 38 percent on Wednesday after its largest investor, William Ackman, said that there was little likelihood the struggling bookseller would file for bankruptcy and it could even be part of an industry consolidation. Borders shares increase from 36 cents to $1.30 in trading on the New York Stock Exchange, and has reached as high as $1.43 earlier in the session. He said the possibility that Borders would go bankrupt was "a low probability event" during an interview with CNBC Tuesday evening.

 

 

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