Petrobras Energia Participaciones (PZE) Lower Today After Friday's Run-Up
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Shares of Petrobras Energia Participaciones S.A. (NYSE: PZE) are lower today after Friday's run-up which was related to a ticker mix-up on CNBC.
On CNBC, Ken Heebner was bullish on Petroleo Brasileiro (NYSE: PBR) but CNBC showed the ticker of PZE on the screen.
PZE traded 3.6 million shares on Friday, well above the average volume of 360K.
Shares of PZE are down 6% to $13.85 today. The stock closed at $12.78 on Thursday (the day before the run-up).
On CNBC, Ken Heebner was bullish on Petroleo Brasileiro (NYSE: PBR) but CNBC showed the ticker of PZE on the screen.
PZE traded 3.6 million shares on Friday, well above the average volume of 360K.
Shares of PZE are down 6% to $13.85 today. The stock closed at $12.78 on Thursday (the day before the run-up).
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