SUGAR LAND, Texas, Nov. 20, 2013 /PRNewswire/ -- Arabian American Development Co. ( ARSD), a leading provider of high purity specialty chemicals announced today that Nicholas Carter, CEO and President will present at the LD Micro Conference being held December 3-5, 2013, at the Luxe Sunset Boulevard Hotel in Los Angeles, CA. Arabian American Development will present on December 4th at 1:30 p.m., PT, Track 4. For more information about Arabian American Development, visit www.arabianamericandev.com. Please visit ldmicro.com to view conference details and schedule one-on-ones. Presentation times are subject to change. Please check the conference website for final details. About Arabian American DevelopmentARSD owns and operates a petrochemical facility located in southeast Texas, just north of Beaumont which specializes in high purity petrochemical solvents and other solvent type manufacturing. The Company is also the original developer and a 35% owner of Al Masane Al Kobra Mining Co., a Saudi Arabian joint stock company. Investor Relations:Genesis Select Corp. Kim Rogers303-415-0200 email@example.comCompany Contact:Nick Carter, President and Chief Executive Officer (409) 385-8300 firstname.lastname@example.org SOURCE Arabian American Development Co.
Shares of Arabian American Development Company (Nasdaq:ARSD) have taken a tremendous swing upward. The stock is trading at $8.43 as of 9:33 a.m. ET, 22.3% above Friday's closing price of $6.89. Volume is at 36,105, 1.5 times the daily average of 23,900.