Tuesday, February 14, 2012

STX OSV jumps ahead of results

Shares of Singapore-listed STX OSV Holdings surged as much as 9.6% on expectations the offshore vessel builder’s quarterly results would top market estimates, reported Reuters.

STX OSV reports results after the close of trading hours on Tuesday. By 4:33 p.m., STX OSV shares were up 8.9% at $1.585 in a broader market up 0.2%.
 
Nearly 31 million shares were traded, 3.9 times the average full-day volume traded over the past 30 days. STX was among the top 20 actively traded stock by volume in the local market.
 

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