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Polished not aware of any material change in business to account for price rise
The Fly

Polished not aware of any material change in business to account for price rise

Earlier this evening, the company stated: “In view of the unusual market activity in the Company’s stock, the New York Stock Exchange contacted the Company in accordance with the NYSE’s usual practice. The Company does not comment on market activity or rumors. However, the Company confirms that it is not aware of any undisclosed material change or development in its business and operations that would account for the recent increase in the share price and trading volume of the Company’s stock.” Shares of Polished were up 618% in regular trading at $7.61, up $6.55. The stock is down 28% afterhours at $5.50.

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