Why Golar LNG Plunged More Than 30% Today
Shares of liquified natural gas transportation company Golar LNG (NASDAQ: GLNG) closed the session near the low point of the day, down 32%.
The company acknowledged bribery allegations against Eduardo Antonello, the chief executive officer of Hygo Energy Transition, a joint venture between Golar and private equity firm Stonepeak Infrastructure Partners.
Source Fool.com