Back in February this year, the Nok Airlines Public Company Limited (OTCMKTS:NOKPF) stock had hit its peak but since then it has tanked by 75%. That being said, it is not all gloomy.
On Friday the Nok Airlines stock soared by as much as 73% to take its gains since the early days of March to a staggering 6200%. However, it is also important to note that there has been no recent news about the company that might have led to the gains on Friday.
The company is involved in providing air transport services to passengers and also sends parcels. Nok Airlines’ operations are focused on both Thailand as well as on the international market. It manages its operations through two separate segments, International Air services, and Domestic Air services. In light of the gains made by the company on Friday, it is like to be on the radars of plenty of investors.
Writing for business and finance publishers has become his passion over the last decades after he completed a master’s degree in Financial Management. Sharing some opinions and forecasts to thousands of readers is a routine job for him but he never promises to invest in one stock.