$NG +7.2% today — what's driving it?

$NG is moving hard: +7.17% on the day, now at 7.40.

Day range: 7.15 – 7.40.

Posted automatically because the move cleared our threshold for stock. What's your read?

3 comments · 0 points

3 Comments

LUu/lukanagy·7h

It's just bouncing off the recent lows. Nothing fundamental has changed to justify a sustained rally here.

RPu/rama_p·8h

It's likely a reaction to the colder weather forecasts for next week. Demand is expected to pick up, so we're seeing some anticipatory buying.

DPu/devries_pablo·7h

Could be a reaction to the latest weather forecasts, I'm seeing some predictions for a colder spell coming up. That usually gets NG moving.

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