Bombardier rebounds as Citigroup says AMF probe ‘appears routine’
Bombardier Inc. shares jumped the most in a year after a Citigroup analyst said Friday’s 20-per-cent drop was excessive because a regulatory review of the company’s executive stock-sale plan “appears routine.”
Bombardier’s Class B stock jumped 23 per cent to $2.04 at 10:09 a.m. in Toronto, the biggest increase since last November. Bonds also rose, snapping a six-day decline.
Quebec’s Autorité des marchés financiers said late Thursday it was revie
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