By 1:30 pm EST the Monaco-based operator’s New York-quoted stock was commanding $2.10, which represents a gain of approximately 6.06%.
Analysts claim the spike serves as evidence that investors were pleased by the revelation, which first made TradeWinds headlines Tuesday afternoon.
While a similar transaction sparked controversy late last year one forecaster was quick to point out that today’s deal didn't include a sale-and-purchase agreement with Scorpio Tankers.
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