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Purse, farewell rumors Palencia make World Duty Free fly

World Duty Free soars on the stock market thanks to speculation on the company's probable mergers, as well as the possible exit in a few months of the CEO Josè Maria Palencia – After the leap of more than 6% to 8,985 euros, the stock ends up in a volatility auction.

Purse, farewell rumors Palencia make World Duty Free fly

World Duty Free stock soars nearly 7% mid-morning in Piazza Affari (8,985 euros). The exploit is attributable to the rumors circulated since yesterday evening about the possible exit of the managing director José Maria Palencia by the end of the year. 

Furthermore, yesterday the company issued a press release which reads that "a renewed impetus must be given to the growth of the business both organically and through aggregations with other operators". 

After the jump at the start of the day, Wdf shares were suspended in a volatility auction, only to be readmitted to trading.

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