Seventy Seven Energy Gets A Boost From Carl Icahn Stake
Shares of the energy company began trading just last week at around $23.75 per share, hitting a high of $27 over the proceeding days. The stock has come in with the overall market since Monday, hovering near its original debut price at Wednesday's close.
Immediately following the Icahn announcement, the stock was briefly pushed back to its recent highs.
Shares of Seventy Seven are trading at $25.22, up 2.4 percent in Thursday's session.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.