Klaipedos Nafta Falls to 18-Month Low on Finances: Vilnius Mover
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Klaipedos Nafta AB, which runs an oil terminal on the Baltic Sea and plans to build a liquefied natural-gas terminal, fell to an 18-month low after the Lithuanian company said it was short of working capital.
The shares fell 3.2 percent to 0.36 euros ($0.46) at 11:30 a.m. in Vilnius, the lowest since May 17, 2011, according to data compiled by Bloomberg. The volume of 26,000 shares was more than four times the three-month daily average.