The stock market doubts the deal's completion, reflected in ...

Moomoo AI Mar 8, 2024 01:48

The stock market doubts the deal's completion, reflected in a 19% gap between Hess's share price and the offer. Hess shares might be worth owning as the worst-case scenario seems priced in, but a potential Venezuelan takeover of parts of Guyana could complicate matters.

The Chevron-Hess Deal Has a Chunky Payoff, but Traders Aren't Biting -- WSJ

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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