Yahoo Finance's Jared Blikre breaks down the performance of meme stocks since their 52-week lows, plus moves in the Japanese yen.
The rouble strengthened to a near four-week high against the dollar and euro on Friday, supported by month-end tax payments that boost demand for the Russian currency, while shares in fertiliser producer Phosagro surged after strong results. Against the euro, the rouble gained 1.4% to 59.35 , also reaching a near four-week high of 58.5325 during the session. The rouble is set to see support from month-end taxes that usually prompt export-focused companies to increase conversion of their foreign currency revenues to meet local obligations.
The takeaway giant is set to hand over its stake to Dutch investment company Prosus as it aims to improve profitability and pay off its heavy debt pile.
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