Global Partners Lp shares rise 1.87% intraday after Barings Global Short Duration High Yield Fund's investment in various sectors.
ByAinvest
Thursday, Aug 21, 2025 3:52 pm ET1min read
GLP--
Global Partners Lp rose 1.87% in intraday trading. The company's stock price increase may be attributed to the recent news of Blackstone Inc. acquiring Shermco, a portfolio company of Gryphon Investors, for about $1.6 billion. This acquisition is significant as it indicates growing global investments in artificial intelligence and modern data centers, which could benefit companies like Global Partners Lp that are involved in the energy sector.
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