Frontline Shares Skyrocket

Wednesday, November 10, 1999
Shares of the tanker company Frontline Ltd. jumped more than 300 percent on Nov. 9. The shares were up 8 at 11-1/2 in afternoon trading on the Nasdaq stock market. Volume surpassed 49,000 shares, more than 100 times the daily average. The shares rose to a 52-week high of 23-1/4 in morning dealings. Frontline officials said it was company policy not to comment on unusual market activity. The stock may have been aided by comments from an analyst who initiated coverage of Frontline with a buy rating.
Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

ST Engineering Rejigs Top Deck

Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of senior management personnel to new key management positions in the

HMAS Success Deploys to Middle East

After months of preparation, HMAS Success departed Garden Island in Sydney today for a six-month deployment to the Middle East Region to provide logistic support

Gazprom Transgaz Ufa Organizes Arts Festival

Over 200 healthy children and children with disabilities from Bashkortostan as well as the Volga Region participated in the Breaking the Barriers second interregional children’s arts festival,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Port Authority Ship Electronics Ship Repair
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1090 sec (9 req/sec)