Exco Resources (XCO) +2.1% AH after billionaire investor Wilbur Ross tells a CNBC audience his...

|By:, SA News Editor

Exco Resources (XCO) +2.1% AH after billionaire investor Wilbur Ross tells a CNBC audience his firm has been a big investor in the stock. Ross was discussing opportunities in shale gas explorers, where he says "there's a real disconnect between the physical price of the material and the price of the securities."