Southwestern Energy (SWN) Surges 7.3%: Is This an Indication of Further Gains?
SWNSWN(US:SWN) Zacks Investment Research·2024-01-08 13:16

Southwestern Energy (SWN) shares rallied 7.3% in the last trading session to close at $6.87. 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 2.1% gain over the past four weeks.The surge in SWN stock price can be attributed to its potential merger deal with Chesapeake Energy. The deal is expected to be announced as early as next week, positioning the combined companies to become the largest gas producer in the ...