GSK shares rally on parent company news and retail momentum; other pharma firms follow

Pharma giant GSK Egypt’s stock briefly touched a record EGP 609 yesterday before cooling off to close 5.77% higher on the day at EGP 550 market data

And it’s not just GSK:

What’s driving it? here, pdf here, pdf here, pdf

REFRESHER- This isn’t GSK’s first unexplained run: December 2021

OUR TAKE- Is this starting to look like Egypt’s first proper retail meme-stock episode?

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