# Shares in Russian social media giant VK soar more than 45% in just a few days

- URL: https://talkfuse.com/story/shares-in-russian-social-media-giant-vk-soar-more-than-45-in-just-a-few-days/
- Published: 2026-11-03T11:34:26+00:00
- Updated: 2026-11-04T01:01:06+00:00
- Original publisher: Meduza
- Original article: https://meduza.io/en/news/2026/11/03/shares-in-russian-social-media-company-vk-rise-45-over-just-a-few-days
- Topics: Business, Companies, Europe, Markets, World

## Key points

- VK shares climbed over 45% after its latest financial results.
- Revenue rose 15% to 128 billion roubles in nine months.
- Analysts questioned the rally as shares began to retreat.

## Summary

Shares in Russian media holding company VK rose by more than 45% between 29 October and 2 November, with a 25% gain on 2 November prompting the Moscow Exchange to activate a special trading mode. The surge followed VK’s latest financial results, though analysts questioned whether the company’s performance justified such a rapid rise.

For the first nine months of 2026, VK reported unaudited revenue of 128 billion roubles, up 15% year on year; social networks and media content contributed 91.3 billion. Its Max messenger generated 700 million roubles from business services and advertising between July and October, while its monthly audience exceeded 109 million. VK’s net debt fell 11% from the end of 2025 to 73.3 billion roubles; by 8 a.m. Moscow time on 3 November, the shares had fallen 3.02% to 208.85 roubles from a peak of 219.95.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.