Powered by lexis nexis

Mountain China Resorts (Holding) plummets 37.5% on spectacular volume May 02, 2017 17:00 EDT

May 02, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Mountain China Resorts (Holding) Limited (TSXV:MCG), Canada's 11th largest Travel & leisure company by market cap, has plummeted 1.50c (37.5%) from its last trading session of April 24 to close at 2.50c. Compared with the S&P/TSX 60 Index which rose 3.1 points (0.3%) in the day, the relative price change was -37.8%. The fall was exacerbated by spectacular volume of 37.9 times the average daily volume of 4,710 shares.

SECTION 1

MOUNTAIN CHINA RESORTS...