Shares of a certain company have been highly volatile due to speculation about the potential return of a prominent figure to a certain position.
The company's valuation surged to nearly $7 billion following indications of this individual's potential comeback, causing shares to increase by as much as 62% before the market opened on a specific day.
However, the stock has experienced fluctuations since then, dropping approximately 20% from the previous trading day's closing price to the trading day after.
On a subsequent day, the shares rebounded, rising by as much as 16%, which resulted in a halt in trading due to the volatility.
This fluctuating trading pattern reflects the market's response to political developments related to the anticipated electoral success of the mentioned individual.