Why Apache Stock Popped 14.9% in December
Shares of Apache (NYSE: APA) climbed 14.9% in December, according to data from S&P Global Market Intelligence, rebounding from a nearly two-decade low after the company announced a promising new joint venture.
To be clear, it wasn't all sunshine and rainbows last month for the oil stock last month. Apache plummeted more than 12% to an 18-year low on Dec. 2, after the company announced a discouraging operational update for its Maka Central-1 Well offshore Suriname.
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Source Fool.com
