RTTNews | May 27, 2021 10:43AM EDT

10:43 Thursday, May 27, 2021 (RTTNews.com) - Vertex Energy, Inc. (VTNR) shares are gaining more than 170 percent at Thursday morning trade after the specialty refiner announced a definitive agreement to acquire the Mobile refinery in Alabama from Equilon Enterprises LLC for $75 million.

The transaction is expected to close during the fourth quarter 2021.

Currently, shares are at $4.815, up 170 percent from the previous close of $1.78 on a volume of 100,400,374. For the 52-week period, the shares have traded in a range of $0.40-$4.80 on average volume of 1,363,464.

Read the original article on RTTNews ( https://www.rttnews.com/3198119/stock-alert-vertex-energy-surges-after-announcing-deal-to-acquire-mobile-refinery.aspx)

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