Rumours put a rocket under share prices

It was a green day for some listed UK property stocks yesterday with renewed takeover talk among traders.
Hammerson outperformed its peers, jumping 2%, amid speculation it could receive a takeover approach.
But the day's biggest surprise was Minerva, which saw its share price skyrocket 41% to 28.5p on rumours the company had secured a tenant for its Walbrook development currently under construction in the City.
The company has seen similar surges earlier this month on talk of a bid approach from Limitless and hopes of a debt agreement.
But, despite all the talk, traders are apparently sceptical, saying it's hard to read much into the rise as Minerva is an illiquid stock with one shareholder controlling 30% of the company.