NEXT - This Natural Gas Stock Is Up 68% in 2 Days: Here's What Investors Should Know
Shares of LNG export start-up NextDecade (NASDAQ: NEXT) have been skyrocketing over the past two days. As of 12:28 p.m. EDT today, shares are up 15%, which puts the stock up an incredible 68% after yesterday's giant 45% move higher.
The past two days' gains are pretty nice for anyone who owns shares of NextDecade. But what's frustrating for many investors is that there isn't any clear news to underpin the move higher. The company hasn't issued any press releases, filed any disclosures to the Securities and Exchange Commission, or otherwise shared any updates on the status of its business.
It will be years before NextDecade is exporting LNG. Image source: Getty Images.