March 14, 2012 (Chinavestor) Shares of Perfect World (NASDAQ:PWRD) surged 8.4% in the first half hour of trading on Wednesday with heavy volume. Investors may wonder what's behind the unusual move.
One explanation is that the company is going to announce earnings tomorrow after the close. But investors have been antsy with Perfect World (NASDAQ:PWRD) in early February as the following chart show. The stock want from $10.55 to $12.9 in just three days, a gain of 22.3%! There is something in the air...
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