Indonesia Energy (INDO) stock jumps 40% in premarket — what traders watch before the open
Indonesia Energy shares rose 40% to $8.24 in premarket trading early Monday after a 22% gain Friday, amid surging oil prices following attacks in the Strait of Hormuz. The company has not announced new developments. Traders are watching if the rally holds after the 9:30 a.m. ET open. U.S. oil inventory data is due March 4.