Manchester United's price on the New York Stock Exchange peaked at $25 on Friday after Thomas Zilliacus joined the takeover race.
The Finnish entrepreneur became the third individual to go public with their interest in acquiring United on Thursday and has since submitted a formal bid to buy the club, as confirmed to the Manchester Evening News.
United stock started Friday by plummeting by almost a whole dollar within half an hour of markets opening, dropping to the lowest levels since the start of the week. The price then fluctuated and hit a high of $25.21 at 1:10pm.
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The price returned to around $24 within an hour and ended the week fractionally below that. In another volatile week United stock surpassed the $26 point twice on Wednesday's deadline day and has increased by 6 per cent over the working week to $23.92.
How the markets will react now that second buyout bids by Sir Jim Ratcliffe and Sheikh Jassim bin Hamad Al-Thani are submitted remains to be seen. The stock exchange does not open over the weekend and reopens at 2:30pm GMT (9:30am local time) on Monday.
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