Today's Big Losers: SD, OVTI, PLX
SandRidge Exploration and Production (SD) has entered into an agreement with Forest Oil (FST) to buy the remainder of Forest Oil's Permian Basin properties in West Texas and New Mexico for approximately $800 million. Shares of SandRidge Exploration are down a little over five percent on the news.
Credit: Market News Video
Copyright: Market News Video
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