Why Is Indonesia Energy (INDO) Stock Up 100% Today?
Indonesia Energy (INDO) InvestorPlace·2024-04-12 18:57
One of today’s more incredible movers is Indonesia Energy (NYSEMKT:INDO) stock. Shares of the Indonesia-based oil and gas exploration company surged more than 100% at their peak today. At the time of this writing, INDO stock has held onto most of these gains, still up more than 65% in late afternoon trading.This move comes as the price of oil continues to rise higher on geopolitical concerns. A number of factors, including the ongoing Israel-Palestine conflict and supply-related concerns, have pushed up the ...