Friday, May 15, 2020

ICYMI: "Chesapeake Energy's stock rockets, triggers 5 trading halts for volatility" (CHK)

From MarketWatch:
Shares of Chesapeake Energy Corp. CHK, +27.63% rocketed 32% in morning trading Friday, and have triggered five trading halts for volatility, as the oil and gas producer's stock bounced off the previous session's record low. Helping provide a lift was a 2.6% rally in crude oil futures, which helped lift the SPDR Energy Select Sector ETF XLE, +0.33% by 0.5%. Chesapeake Energy's stock had plummeted 41% over the past four days...MORE

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