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Why Sable Offshore Stock Plummeted Today
The Motley Fool· 2025-12-27 01:00
It's going to get the wrong sort of attention in a California federal court.Investors were hardly turned on by Sable Offshore (SOC 13.49%) on the last Friday trading session of 2025. On news of a lawsuit that might halt the oil flow through its pipeline system, they aggressively sold out of the energy company, leaving it with a more than 13% loss in price on the day. Up high, then down lowSable was quite a roller coaster of a stock before and after Christmas Day. On the 24th, investors couldn't get enough o ...