Venture Global Inc. (VG) fell on Monday, almost hitting its 52-week low after investors took profits following two days of gains. The stock dropped 7.91% to $6.87, just shy of its lowest price. The decline mirrored the drop in major indices after a holiday boost. VG recently secured a sales purchase agreement with Tokyo Gas Co. Ltd. for 1 million tons per annum of LNG starting in 2030. This deal adds to VG’s total SPA of 7.75 million tons per annum in the last six months. CEO Mike Sabel sees this partnership as a significant contributor to US-Japan trade balance.
Read more at Yahoo Finance: Venture Global (VG) Falls to Nearly 52-Week Low. Here’s What Dragged the Sentiment
