Why Venture Global Stock Was Plummeting Today

Liquefied natural gas (LNG) exporter Venture Global (NYSE: VG) was having an awful Friday on the stock market following a surprising resolution to a legal dispute with a large business partner. In late afternoon trading, the company's shares were down a queasy 24%. That was a far steeper fall than the S&P 500 index's 2.3% slide at that point. Various media outlets reported that Venture Global lost an arbitration proceeding against that partner, which is none other than global energy industry titan BP. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool