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Sable Stock Crumbles: Short Sellers Bet Against A 'Zombie Pipeline'
Benzinga· 2026-01-24 05:59
Sable Offshore Corp. (NYSE:SOC) shares tumbled on Friday after Hunterbrook Media updated its investigation into the company and California Attorney General Rob Bonta filed a lawsuit against the Trump administration to block the restart of oil transport through the Sable Pipeline.SOC stock plunged on Friday. See the chart here. Hunterbrook Media claims that the project remains a long shot despite the company’s optimistic timelines. Sable is “quickly running out of cash” and may never actually reach the point ...