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Why Vedanta Stock Soared 11% in Morning Trading Today

Why Vedanta Stock Soared 11% in Morning Trading Today

Shares of Vedanta (NYSE: VEDL) rose as much as 11.5% in early trading on Oct. 18. The company -- which mines for various metals, drills for oil and natural gas, generates electricity, and produces steel and aluminum -- probably isn't a household name for most U.S. investors. Simply put, Vedanta's stock was upgraded by Credit Suisse.