What's Going On With Evolve Transition Infrastructure (SNMP) Stock Today?
Portfolio Pulse from Erica Kollmann
Shares of Evolve Transition Infrastructure, LP (SNMP) are up by 47% on heavy trading volume, with over 1.92 million shares traded, far exceeding the stock's 100-day average of 43,996 shares. This follows the NYSE Regulation's withdrawal of its delisting determination, allowing the company's common units to commence trading on the NYSE American.
August 04, 2023 | 9:44 am
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SNMP's stock price has surged following the NYSE Regulation's withdrawal of its delisting determination. The heavy trading volume indicates strong investor interest.
The withdrawal of the delisting determination by the NYSE Regulation has allowed SNMP's common units to commence trading on the NYSE American, which has led to a surge in the company's stock price. The heavy trading volume indicates strong investor interest, which could potentially drive the stock price even higher in the short term.
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IMPORTANCE 80
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