Manchester United stock skyrockets 18% as Qatari investors reportedly plan to bid on the soccer team

• The Manchester United stock jumped as much as 18% to around $24 per share.
• The rally followed a report that a group of Qatari investors is planning to bid for full ownership of the team.
• The surge makes this the stock's largest one-day gain since November, when news that the team would be up for sale first broke.

Shares of the Manchester United stock surged Wednesday, prompted by news of a possible acquisition bid from a group of Qatari investors.