Adjusted to reflect the spinoff, Open Range shares jumped 55 Canadian cents to C$2.31 after closing at a record yesterday. Open Range, based in Calgary, surged 40 percent on Sept. 6, the day it said it would form the new company.
Poseidon climbed to C$12.30 after opening at C$11.20.
To contact the reporter on this story: Matt Walcoff in Toronto at email@example.com
To contact the editor responsible for this story: Nick Baker at firstname.lastname@example.org