Zee Entertainment stock rebounds, gains over 4% as company says Sony merger cancellation report ‘baseless’
Shares of Zee Entertainment bounced back strongly in today’s intraday trade by gaining 4.48%, reaching ₹267.80 apiece, following a 7.64% drop in the previous trading session. The sharp uptick in shares today is attributed to the company’s clarification regarding media reports suggesting a potential cancellation of the planned merger between Zee Entertainment and Sony Group. … Read more