Why Are Robin Energy Shares Surging Today?

Robin Energy stock is surging to new heights today. What’s behind RBNE gains?Robin To Spend $3 Million Repurchasing SharesRobin Energy, which provides energy transportation and shipping, said it will purchase up to 1,000,000 shares of its common stock, using cash and cash equivalents on hand at a price of $3.00 per share. The tender offer will expire in a month unless it’s extended or withdrawn, and the tender offer is not conditioned upon any minimum number of Shares being tendered.Robin Energy’s board of ...