Last week's worst-performing local stock also has been making some news.
Tulsa-based Syntroleum, which produces synthetics fuels, on July 17 said it was “evaluating strategic alternatives” to enhance shareholder value, but then declined to discuss what those alternative might be.
Wall Street hates a mystery.
The price of SYNM shares dived, and finished last week with a 14.4 percent loss, closing at $6.40.
On Friday, Syntroleum disclosed that it was considering offers to buy the company, its assets and/or its intellectual property. That produced a small rally, but couldn't erase the preceding plunge.
Eagle & Beagle is a weekly look at the state's high-performing (eagle) and low-performing (beagle) stocks by Business Editor Don Mecoy.