Ozon shares skyrocket

Ozon shares soar 6.99 percent

Russian online store Ozon surged 6.97 percent during Wednesday's trading , November 17, according to the data of the Moscow Exchange. The company's shares rose in price at their peak to 3330 rubles apiece. At the close of the main trading session at the Moscow Exchange, the shares were already worth 3330.5 rubles (plus 6.99 percent).

The securities win back the successful results of the quarterly report published on the evening of November 16. In the third quarter, the turnover of the marketplace grew by 145 percent over the past year and amounted to 108.3 billion rubles. In the second quarter, growth was 94 percent. Orders in the third quarter were up 239 percent from the same quarter in 2020. Profit before deduction of expenses (EBITDA) amounted to minus 11.3 billion rubles. A year ago this figure was minus 1.9 billion rubles.

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