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home / news releases / MDLY - Wild ride as Medley Management nearly quintuples at one point today

MDLY - Wild ride as Medley Management nearly quintuples at one point today

Medley Management Inc. Class A
Cruising along at $0.60 per share for the past few sessions, Medley Management (MDLY) at one point touched $2.79. It's currently up 75% for the day at $1.04.The company minutes ago issued a press release saying there's been no material change in the business that would occasion such a move.Medley Capital (MCC) is up 10.3% this session after announcing the sale of the MCC Senior Loan Strategy JV Portfolio to Golub Capital for $156.4M. Medley Management is the manager of Medley Capital.

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Wild ride as Medley Management nearly quintuples at one point today
Stock Information
Company Name: Medley Management Inc. Class A
Stock Symbol: MDLY
Market: NYSE
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