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 September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Nordic Wins with Noble

Nordic Maritime, a leading offshore service operator, today announced a five year time charter for its DP2 IMR Subsea vessel, Mokul Nordic, which has been awarded by Noble Energy,

EUCAP Nestor Train 30 Somali Coast Guards

On 21 October, the European Union’s Maritime Capacity Building Mission in the Horn of Africa and Western Indian Ocean (EUCAP Nestor) celebrated the successful completion of a two month Mentoring,

Lerwick Port Awards £16.5 mi Expansion Contract

Lerwick Port Authority has awarded a construction contract for the latest expansion of the harbour’s facilities in a project costing a total of £16.5 million

 
 
Maritime Contracts Maritime Security Pipelines Pod Propulsion Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
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: 0.1049 sec (10 req/sec)