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Knot Offshore (KNOP) Soars 9.7%: Is Further Upside Left in the Stock?

Knot Offshore (KNOP) shares ended the last trading session 9.7% higher at 9.89.Thejumpcameonanimpressivevolumewithahigherthanaveragenumberofshareschanginghandsinthesession.Thiscomparestothestocks3.29.89. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 3.2% gain over the past four weeks.The company's shares moved north following a takeover offer from Knutsen NYK Offshore Tankers AS. Knutsen NYK Offshore Tankers AS, through a wholly owned subsidiary, aims to acquire all publicly held common units of KNOT Offshore for 10 in cash per comm ...