What happened
Shares of Clean Energy Fuels Corp. (NASDAQ:CLNE) surged as much as 22.7% today, before losing a little steam in afternoon trading. As of 12:20 p.m. EDT, shares were up 13.6% in very heavy trading. At this writing, more than 5 million shares have traded hands, about five times the average volume for the company’s stock.
Today’s big jump isn’t from the company’s earnings, which will be released later today after market close, but due to a surprise announcement that global oil and gas giant Total S.A. (ADR) (NYSE:TOT) has agreed to take....More>>>