Visionary Shares Close to Doubling on Deal to Get $120M From Saudi Arabia Investment Fund
Shares of Visionary Holdings on Thursday nearly doubled after the company said it will receive an investment of up to $120 million from the Public Investment Fund of Saudi Arabia. The stock was up 98% to $4.02 in afternoon trading. The stock has jumped 28% since the beginning of the year, and is up 33% over the past 12 months.