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Birks & Mayors Issues “No Comment” on Unusual Share Activity

November 11, 10 by IDEX Online Staff Reporter

(IDEX Online News) - Birks & Mayors Inc. said it is not aware of any corporate developments that might explain the unusual market activity in its Class A Voting Shares traded on the NYSE Amex.

 

On Wednesday, trade in the share jumped into the thousands from the usual volume of a few hundreds. In response, The NYSE Amex has contacted the company in accordance with its usual practice, requesting it to issue a public statement indicating whether there are any corporate developments that might explain the unusual activity.

 

After saying that it cannot explain the sudden heavy Birks & Mayors added that it is the company's policy not to comment on unusual market activity or rumors.

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