Thursday, 19 November 2015

Chesapeake Is Trading Like A Bankruptcy (CHK)

But it probably won't have to file.
First up, with the stock down 10% (to $5.40) on the day here is the recent action via FinViz:



And from Bloomberg: 

Chesapeake Energy Bonds Plunge to the Lowest Ever as Oil Falls

Debt of Chesapeake Energy Corp. tumbled to a record low on Thursday as the price of oil plunged.

Nine
of the energy producer’s unsecured notes plummeted, some losing more
than

No comments:

Post a Comment