Shares in Aspiro soared by 1,000 percent on Tuesday as investors clamored for a stake in the Swedish music streaming business bought by rapper Jay-Z this month - but face big losses as they will be forced to sell out to the U.S. star within days.
Shares in Aspiro rose as much as 1,032 percent on Tuesday. They were up 938 percent at 11 crowns - about 10 times the price shareholders would be forced to sell them for - when trading was halted.
The surge had lifted shares to a level where investors faced losses of around 90 percent.
Jay-Z's company Project Panther Bidco said this month it would start a compulsory purchase of the remaining shares and delist Aspiro from the Stockholm bourse. The last day of trading is April 2.
I don't really care about the Kardashians either way, nor do I begrudge them their wealth and fame, but my God all those celebreality shows (like KUWTK) are just boring as **** to me.
They do make great fodder for The Soup and .gifs tho. That's the only entertainment value they have for me, and it's not even like I don't enjoy reality TV as a whole.
Can't wait for the Beyst praise bandwagon to collapse and for people to start hating the money-lusting fraud that she and her husband is.
The mistake that they are making is that they are too ambitious, and they reach further than their talent can take them. Trying to be extremely rich, immensely talented musicians and performers, successful business-people, fashion icons etc will be their downfall.
EDIT: Also Beyst can only pretend to be educated and literate for so long
