The stock market is up more than 20 per cent since the start of the year.
In fact, the S&P 500 is up about 8 per cent.
That’s good news for everyone, but especially for people like Mr. Fink who, as chief executive of the company that owns the company, owns about $1.6-billion in cash and is trying to recoup a lot of money in recent years.
He says the company has been through a number of difficult times and is not expecting a massive shakeup this time.
But the recent price rise is something that will be very interesting to watch.
“We’re definitely in a better place than we were a few months ago,” Mr. Furst said.
“I’m looking forward to the next couple of months.”
The stock was up almost 20 per and 15 per cent in early trading Friday morning.
In comparison, the Dow Jones Industrial Average dropped 6 per cent this year.
But Mr. Fox says the current situation will be different in the next few months as the company looks to re-sign more employees.
“This is a business that has a long way to go, and the last couple of weeks have been really, really good for us,” he said.
Mr. Fray says he believes his business has improved and he will continue to focus on his growth strategy.
“It is what it is,” he says.
“People should have no doubt in my mind that we will continue moving forward and that we’re going to be profitable in the long run.”
With files from The Canadian Press