Cheniere Energy Partners, Dendreon: U.S. Equity Movers
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Shares of the following companies are having unusual moves in U.S. trading. Stock symbols are in parentheses and prices are as of 10:10 a.m. in New York.
Cheniere Energy Partners LP (CQP US) rose 4.9 percent to $21.92 after reaching $22.22 earlier, the highest intraday price since March 3. The Houston-based company said Blackstone Group LP agreed to invest $2 billion toward construction of a $5 billion natural-gas export terminal. Cheniere will use the proceeds to fund the Sabine Pass liquefaction project and the purchase of the Creole Trail pipeline from Cheniere Energy Inc. (LNG US), the company said in a statement. Cheniere Energy Inc. jumped 11 percent to $15.64.