Shanda Interactive Entertainment (SNDA) gapped open higher Monday and climbed in early trade. The stock advanced further in the final 90 minutes of the afternoon and closed up by $5.77 at $52.18 on above average volume.
Shanda Interactive Entertainment has been gaining ground for the last month and closed Monday at its third consecutive new high for the year.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.