Zion (ZN) makes gains on warrants
Posted on October 23, 2012 at 04:43 AM EDT
Normal 0 false false false MicrosoftInternetExplorer4 Zion Oil & Gas, Inc. (NASDAQ:ZN) is up 6.5% late this afternoon at $1.96. ZN has traded 164,000 shares so far today, well above its daily average of 103,000 shares. ZN shares were down initially after Zion announced it reduced the exercise price of outstanding warrants. The company has a market cap of 56.75 million st1\:*{behavior:url(#ieooui) } /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;}