Golar LNG (GLNG) Moves 5.6% Higher: Will This Strength Last?

Golar LNG (GLNG) shares rallied 5.6% in the last trading session to close at $32.42. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 6.1% loss over the past four weeks.GLNG's transition to a pure FLNG company through strategic asset sales is a tailwind and positions it for higher-margin growth through  20-year FLNG contracts. The resolution of the dispute between BP and GLNG over initial payments for the floa ...