Odyssey Increases 15% After Report of Raising Victory Wreck

Odyssey Marine Exploration Inc. (OMEX) rose the most in four months after the Daily Mail reported that the U.S. company is expected to be employed to recover the wreck of British warship H.M.S. Victory, which sank in 1744.

Odyssey climbed 9.6 percent to $3.32 in New York, the biggest gain since Sept. 23.]

To contact the reporter on this story: Sonja Elmquist in New York at selmquist1@bloomberg.net

To contact the editor responsible for this story: Simon Casey at scasey4@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.