$VAL +135. 48% Yesterday, Will This Continue?

Yesterday, $Valaris(VAL.US)$ +135.48% due to rising demand for oil and gas, closed at $2.190. In the pre-market, its price drops by over 17%, trading at $1.81. This offshore drilling contractor once suffered from lockdown when the economy stopped demanding energy products. However, according to Morgan Stanley, oil price rally in recent weeks appears mostly supply- rather than demand-driven.

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