Hess shares are trading lower following a report suggesting that the FTC is probing the company over OPEC communications.
Portfolio Pulse from Benzinga Newsdesk
Hess shares are trading lower following a report suggesting that the FTC is probing the company over OPEC communications.
July 19, 2024 | 7:45 pm
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NEGATIVE IMPACT
Hess shares are experiencing a decline due to a report indicating that the FTC is investigating the company's communications with OPEC.
The news of an FTC probe into Hess's communications with OPEC is likely to create uncertainty and concern among investors, leading to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100