Camber Energy stock loses half its value on heavy volume, to extend the selloff from a 2-year high
Published
Oct 05 2021 at 3:47 PM GMT
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- Shares of Camber Energy Inc plunged 50.2% in volatile trading Tuesday, as they extended their selloff from a near two-year high.
- The oil and natural gas company's stock had rocketed 161.6% amid a six-day win streak -- the average daily volume was 523.
- 30, which was the highest closing price since October 2019.
- Kudos to Tuttle Capital Management Chief Executive Matthew Tuttle, who said last week that the rally looked like a "headfake," as it appeared to be a possible pump by some Wall Street investors using social-media volume as a tool, as MarketWatch's Thornton McEnery.
- As of Tuesday afternoon, trading volume was 227.
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- Published Oct 5, 2021 3:47 PM GMT