RTTNews | Jan 3, 2022 12:47PM EST

12:47 Monday, January 3, 2022 (RTTNews.com) - Tennessee-based oil and gas company, Delek US Holdings, Inc. (DK), is trading 8% higher on the Monday market despite the company not reporting any stock-specific news to boost the shares.

The company primarily operates in Refining, Logistics, and Retail segments of crude oil and produces different grades of fuel and other products in Texas. The stock dropped to the lowest in four months in late December but has picked up slightly since then. In the past 6 months, the stock has dropped almost 24%.

Currently the stock is trading at $16.09, up $1.10 or 7.32% since the previous close at $14.99. The stock opened at $15.19 in the morning. In the 52-week period, the shares have ranged between $13.48 and $27.38 per share.

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