Looks like the economy can’t keep a good company down as Billabong’s stock price has closed above $10 for the first time since December 2008, according to a story on Goldcoast.com.au.
The Burleigh-based company has been riding a wave of renewed optimism that the US market has finally turned the corner, punctuated last weekend by rosy comments from US President Barak Obama’s economic adviser Lawrence Summers.
Wait, we leave the keyboard for a couple days and the recession is already over? We should go outside more often.
[Link: Goldcoast.com.au]
