Vivakor ($VIVK) Soared 309% After Crude Oil Marketing Expansion — Scored 79/100 at 9:15 AM ET
VIVK soared 309% after announcing a $700M+ crude oil marketing expansion. RTPR scored the release 79/100 at 9:15 AM ET.
Vivakor (NASDAQ: VIVK) stock is up today after the company announced a major expansion of its physical crude oil marketing platform, soaring as much as 309% from its price when the release crossed the wire. RTPR assigned the release an impact score of 79/100 at 9:15 AM ET, when the stock traded at $1.66.
What the release announced
According to the press release (free account required), Vivakor is expanding its physical crude oil marketing platform to over $700 million through four new recurring commercial transactions. The announcement positions the company's marketing operations at a significantly larger scale.
What the stock did
Following the announcement, VIVK traded from $1.66 to a session high of $6.79, a gain of approximately 309%.
For context, RTPR's historical data shows that 20% of releases scoring in the 60-80 band moved 15% or more over the past 90 days (n=519). Most releases in this scoring range did not produce a move of this magnitude.
Historical context
This release received an impact score of 79/100.
- Releases scoring 60-80 produced a 15%+ move 20% of the time.
- Sample size: 519 settled outcomes over the past 90 days.
- Historical observations only, not predictions. Full band-by-band table on the impact scoreboard.
Timeline
- 9:15:00 AM ET — press release crossed the wire
- +27423 ms — RTPR delivered the release
- 9:15:35 AM ET — impact score written: 79/100
- $1.66 — price at publication
- $6.79 — intraday high (309% above the price at publication)
Real-time impact scores on every press release are part of RTPR Pro. Impact scores are in beta; historical tendencies, not predictions or investment advice.