The Canadian PressOctober 30, 2013 17:46
TORONTO - Air Canada's class B shares closed at a new 52-week high Wednesday, extending an upward trend that has seen the airline's stock value more than triple in the past year.
The shares (TSX:AC.B) ended the day, up 22 cents or four per cent, at $5.72, surpassing its 52-week high of $5.52. It had climbed as much as $5.80 during the session, a level not seen since August 2008 — just weeks before the economy slipped into a deep recession.
A year ago, the stock closed at $1.80 on Oct. 30, 2012.