Shares in Level 3 (NASDAQ:LVLT) soared today starting at about 2 PM. Shares ended up 13% to $3.19 on almost 66 million shares.
News came out earlier in the week that Soros took a position in the company.
But, that could not be the cause.
News over the weekend?
Level 3 is being reviewed for this weekend’s "10 Stocks Under $10" Newsletter.
Douglas A. McIntyre
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