Chapter 908 The Rise and Fall of Terence Group
“Quick, take a look! Terence Group’s stock is actually stabilizing today!”
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The crowd checked the stock market and quickly noticed that Terence Group’s stock, after an initial dip upon the market opening, had ceased declining and was even beginning to recover to its opening level for the day.
“Why is this happening? The news from the press conference shouldn’t have reached the market so quickly, should it?”
“Could it be that Ms. Quillen spread rumors through unofficial channels ahead of time?”
Many in the crowd were amazed as they looked at Mackenzie, the exceptional female CEO, wondering what method she had used to achieve this.
Mackenzie appeared cold on the surface but was actually quite nervous inside.
This nervousness wasn’t limited to her; it extended throughout the Quillen family, especially Beatrix. They had all agreed that in coordination with the contract’s exposure, they would use their financial resources to stabilize Terence Group’s stock by buying up shares from the market.
Only by truly making potential buyers in the outside world optimistic about the Terence Group and believing that the stock price had hit rock bottom and was rising again would their funds pour in rapidly. However, this
was a high-stakes gamble.
The Quillen family managed to come up with just over 3 billion, while the market value of the Terence Group was over 10 billion. If the people selling stocks threw out a total value exceeding this 3 billion, then they would be powerless in the subsequent events!
“It’s stabilizing! It actually is!”
“Impressive! Terence Group really lives up to its reputation as Yeringham’s leading conglomerate, with a strong and solid foundation, capable of weathering any storm!”
“Ms. Quillen’s actions are swift and precise. Her tailored approach is admirable!”
Compliments and admiration filled the room.
While many didn’t know what Mackenzie had done behind the scenes, successfully navigating this high-risk situation would surely earn her recognition and make her a legend in Yeringham’s business world.
Mackenzie took a relieved breath and began to conduct interviews with the reporters.
The Quillen women also breathed a sigh of relief. While this episode had been a nail-biter and had cost them significantly, they were confident that their investments would pay off in the long run as long as the Quillen family remained strong.
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