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Stock impact report

Why Scorpio Tankers Stock Popped 12% (Again) [The Motley Fool]

Scorpio Tankers Inc. Common Shares (STNG) 
Last scorpio tankers inc. common shares earnings: 2/19 06:40 am Check Earnings Report
Company Research Source: The Motley Fool
Deutsche Bank lays out the arguments against the stock -- then dismisses them. Rich Smith ( TMFDitty ) Apr 11, 2018 at 3:54PM What happened For the second day in a row, shares of oil hauler Scorpio Tankers ( NYSE:STNG ) are rocking today, adding to yesterday's 8.5% jump with another 11.8% leap (as of 3 p.m. EDT). For this, you can thank the folks at Deutsche Bank , who reiterated their buy rating on Scorpio stock yesterday and called it a major opportunity for investors. Deutsche sees a long runway at Scorpio Tankers. Problem is, this isn't an aircraft carrier. Image source: Getty Images. So what As explained in its write-up, Deutsche admits that there's significant risk in Scorpio shares, inasmuch as the company is expected to have to announce a highly dilutive equity offering in the near future, in order to raise cash needed to me Show less Read more
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