Stock Alert: Concho Resources Shares Up 11%

Shares of Concho Resources Inc. (CXO) are currently trading at $49.28, up $5.14 or 11.64% Wednesday morning, with trading volume rising over 3.14 million versus an average volume of 1.9 million shares.

The stock has been trading in the range of $33.13 – $93.34 for the past one year, with market capitalization of 9.724 billion.

There is no recent company news that could be attributed to today’s stock movement.

Source: Read Full Article