InterOil declines on Q4 loss
Shares of InterOil Corp. (AMEX:IOC) are lower despite news before the start of trading that the oil and gas company reported a narrower fourth-quarter loss. For the three months ended Dec. 31, 2007, the firm had a net loss of $2.7 million, or $0.09 per share, compared with a loss of $3.4 million, or $0.11 per share, a year earlier.
At 3:18 p.m. ET, the stock had shed $1.55, or 9%, to $16.25. For detailed price information and recent news stories about InterOil, click IOC.
