Aegean Marine Petroleum Enters MoU with Mercuria Energy: Stock Up 200%

Aegean Marine Petroleum MoU: Looking at the trending tickers of the day, it’s difficult to ignore the Aegean Marine Petroleum stock, which is currently up nearly 200%. But why?

There’s a justifiable reason for why the Aegean Marine Petroleum stock is up nearly 200% today. On Thursday, the New York-based company announced that it had entered a MoU with a very successful independent commodity and energy group: Mercuria Energy Group.

Under the terms of the MoU, which stands for Memorandum of Understanding, Mercuria ...