Manchester United’s share price hit a week-high of $16.40 on the New York Stock Exchange on Monday following the sacking of Erik ten Hag.
The value had been fluctuating between the $15.80 and $15.95 range during trading hours last Friday but opened on Monday with a marked uptick amid Ten Hag’s dismissal.
The figure fell to $16.05 later in the day before a rebound to $16.18, finishing at $15.89. The news that Ruben Amorim had agreed terms to become the new head coach did not seem to impact the market, although the price rose to a peak of $16.21 on Wednesday before falling to $15.97 by close. READ MORE: Ruben Amorim breaks silence on United after fresh Sporting Lisbon update READ MORE: Ruud van Nistelrooy's first United press conference as interim boss United’s value is still around 11 per cent down from this time last year and over 20 per cent down from where it was at the start of the calendar year.
By the close of training hours on Wednesday, United’s value was $0.24 lower than it was six months ago. The club’s peak share price in 2024 came on February 8, in the week that co-owner Sir Jim Ratcliffe stated he wanted to build a “Wembley of the North” for United.