Sappi is trading at ZAc 1144.00 (6.62% up) after a sharp move higher from the prior session, though no new company events clearly explain the move.
- The latest available news was a July 15 disclosure that PSG Asset Management clients increased their stake to 5.22%, which was associated with a 2.11% rise.
- The stock has been volatile over the past week, and today's jump comes despite a cautious market-wide tone.