InterOil (IOC) Higher Again on PNG Support of Gulf LNG Project
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Following a 9 percent move higher Monday, InterOil Corp. (NYSE: IOC) shares are at it again today as sentiment in the stock continues to be positive.
The catalyst Monday was Papua New Guinea's Prime Minister Peter O'Neil showing support for InterOil's Gulf LNG project.
Volatility on shares today is up 9 percent from Monday's close and just about flat with its daily average over the last year.
Shares are 5 percent better on the session.
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The catalyst Monday was Papua New Guinea's Prime Minister Peter O'Neil showing support for InterOil's Gulf LNG project.
Volatility on shares today is up 9 percent from Monday's close and just about flat with its daily average over the last year.
Shares are 5 percent better on the session.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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