Shares rose from 22.8p to 34.4p in trading on the London Stock Exchange on Wednesday as the fallout continues from Cook’s “disappointing” annual financial results released last week.
The tour operator had been boosted after one of its largest shareholders Invesco said the fall in Cook’s share price over the past week had been an “over-reaction” and the company’s “fundamentals remain robust”.
It was also revealed that Cook’s chairman Frank Meysman had purchased £80,400 worth of shares.
