Manchester United's price on the New York Stock Exchange peaked at $25 on Friday after Thomas Zilliacus joined the takeover race.
The Finnish entrepreneur became the third individual to go public with their interest in acquiring United on Thursday and has since submitted a formal bid to buy the club, as confirmed to the Manchester Evening News.
United stock started Friday by plummeting by almost a whole dollar within half an hour of markets opening, dropping to the lowest levels since the start of the week. The price then fluctuated and hit a high of $25.21 at 1:10pm.