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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. 

Image source: Getty Images.

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Source Fool.com

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