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February 14, 2013 12:53 am GMT

TV Maker Loewe Shares Jump 45 Percent After Apple Buyout Rumors

Loewe_Individual_ComposeGerman luxury brand Loewe experienced a roller coaster day. A trader commented that "Apple supposedly wants to bid 4 euros a share for Loewe," which sentLoewe shares up as much as 44.5 percent to 3.93 compared to yesterday's closing price of 2.72.The German stock exchange closed today with Loewe shares trading at 3.35, representing a one-day increase of 23.16 percent.

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