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Odyssey Marine (OMEX) Rips Higher Following SS Gairsoppa Discovery

September 26, 2011 8:34 AM EDT
Odyssey Marine Exploration, Inc. (Nasdaq: OMEX), is ripping higher Monday morning, following reports of a new shipwreck discovery in the North Atlantic.

The stock is currently up about 30 percent.

Odyssey confirmed the identity and location of the shipwreck site of the SS Gairsoppa nearly 4,700 meters below the surface of the North Atlantic, approximately 300 miles off the coast of Ireland in international waters.

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