Global Traffic Network sinks 10% after earlier surge
Global Traffic Network’s first few days on the Unmade Index have proved to be eventful.
After seeing the highest jump on the Unmade Index on Tuesday, with a rise of 7.1%, GTN had the biggest fall on Wednesday, slumping 10% to a market capitalisation of $51m.
GTN has been linked to a bid for Nine Radio, potentially in allegiance with SEN Radio. Sports Entertainment Group also sank, losing 1.7%.
