Battalion Oil Shares Jump With Traders Looking to BATL on Iran Tension
Battalion Oil Corporation shares jumped Wednesday as traders hunted for gains in smaller U.S. energy names after a U.S.-Iran flare-up brought supply risk back in focus. BATL finished at $2.06, up 57.25%. The stock opened at $1.32 and touched $2.93 at the day’s high. Volume hit 199.66 million. Benzinga said shares tacked on another 16.44% to $2.40 in after-hours trading, but early Thursday numbers on Investing.com showed the rally getting pared back.
