Gulfport Energy Corp. (GPOR) shares lost more than 7 percent in early trading Tuesday after the company announced shareholders were selling 3.4 million shares.
Gulfport Energy is an Oklahoma City-based independent oil and natural gas exploration and production company with its principal producing properties located along the Louisiana Gulf Coast and the Permian Basin in West Texas.
Shares of GPOR fell $1.23, or 5.90%, to $20.86, in recent trading.
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