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Tag: NASDAQ: TELL

Stock Investing

Why Tellurian Inc (TELL) soared 25%

Stocks of Tellurian Inc (NASDAQ: TELL), a liquefied natural gas (LNG) supplier, rose following an encouraging announcement by its management. TELL stock was trading 52.85% away from its 20-day Simple Moving Average. The company achieved a weekly performance of 43.92% compared to its annual performance of -73.21%. Oil & gas sector giant Tellurian Inc employs 176 people, and its Market capitalization is 561.81M. TELL stock jumped 25.29% to close at $2.13 on the last trading session. Tellurian reports that construction is slated to begin on the LNG export terminal at Driftwood in summer 2021, intended to refuel LNG tankers. The