Wendel (OTCMKTS:WNDLF) Shares Up 10.3% – Here’s What Happened

Shares of Wendel (OTCMKTS:WNDLF – Get Free Report) rose 10.3% during mid-day trading on Wednesday. The stock traded as high as $101.00 and last traded at $101.00. 400 shares were traded during mid-day trading, an increase of 43% from the average daily volume of 279 shares. The stock had previously closed at $91.56.

Wendel Stock Performance

The stock has a 50-day moving average of $90.84 and a 200-day moving average of $95.84.

Wendel Company Profile

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Wendel is a French investment company that invests for the long term in businesses across a range of industries. The group focuses primarily on private-market investments, taking significant or controlling stakes in companies and supporting their growth through strategic, operational and financial expertise. Its investment activities have included industrial, business services, consumer and technology-related companies. Portfolio businesses associated with Wendel have included Stahl, a provider of specialty coatings and treatments; Constantia Flexibles, a flexible packaging manufacturer; Scalian, a technology and business consulting company; and Tarkett, a flooring and sports-surface manufacturer.

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