Why NexTier Oilfield Solutions' Stock Is Surging Today
Shares of oil and gas equipment and services company NexTier Oilfield Solutions (NYSE: NEX) are up 17.5% as of 11:30 a.m. EDT today. While there is no specific company press release or other news sending the company higher, there is a confluence of factors making Wall Street optimistic about its stock.
If you're looking for some thesis-changing news story, there isn't one. The big stock jump appears to be tied to a few factors:
Source Fool.com