Shares of Equinor (EQNR) moved higher after U.S. District Judge Carl Nichols ruled the company can resume building its wind project near New York, blocking the Trump administration from enforcing a halt on off shore developments. Shares of Equinor are little changed at $24.86 following the news, erasing earlier losses.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EQNR:
- Judge rules Equinor can resume U.S. wind project, Bloomberg says
- Equinor: Muted Earnings Outlook and Conservative Capital Returns Support Neutral Hold Stance
- Equinor Expands Fourth Tranche of 2025 Share Buy-Back with January Purchases
- Equinor reinstated with a Hold at Jefferies
- Equinor price target lowered to NOK 214 from NOK 231 at Morgan Stanley