(Bloomberg) -- Shares of Reservoir Exploration Technology ASA, a seismic surveyor for the oil industry, climbed to an all-time high after Goldman, Sachs & Co. recommended investors buy the stock on the outlook for earnings.
The shares jumped 4 kroner, or 6.2 percent, to 69 kroner at 9:28 a.m. in Oslo, valuing the Norway-based company at 1.74 billion kroner ($293 million). The shares have climbed 25 percent this year.
Read more at Bloomberg Stocks News
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