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Article: PRVT Stock Performance Report: 200% Increase in Stock Price Since Confirmation of Listing on Nasdaq in January 1999.
- Article from:
- PR Newswire
- Article date:
- May 4, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BARCELONA, Spain, May 4 /PRNewswire/ --
Private Media Group Inc. (Nasdaq: PRVT), positioned in global markets as an industry-leading brand name with a crucial mix of Old and New Economy business models, today announced that its stock price has appreciated 200% since confirmation of its listing on Nasdaq was reported on January 28, 1999. At the close of stock trading on May 03, 2000, PRVT was priced at $33. A maximum performance to date of $40 was achieved on February 7, 2000.
"We have seen this very healthy increase in shareholder equity over the period," explained CEO of PRVT, Berth Milton. "We have also had a steady increase in retail buyers over ...