Vivakor shares jump after proposed Direct Midstream deal
Vivakor (VIVK) rose sharply after announcing plans to expand in the Permian Basin by acquiring Direct Midstream.
Shares of Vivakor (VIVK) traded more than 25% higher on Friday after the energy transportation and remediation company said it plans to expand its Permian Basin operations by acquiring Direct Midstream. VIVK stock had risen more than 80% after the opening bell before giving back most of the advance by the time the report was filed.