More Bad News for CHK Stock
Chesapeake Energy Corporation (NYSE:CHK) stock plummeted more than 50% to $1.50 on February 8 on fears the oil producer may be heading for the incinerator. Yet CHK stock survived the massive sell-off and has since surged more than 200% as oil rallied.
Now if anyone is thinking of picking up shares of Chesapeake Energy in their 401K, I wouldn't advise this. CHK stock should only be considered for aggressive day traders.
The move of the April West Texas Intermediate (WTI) oil to above $34.00 helped to attract buying back to the.
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Chesapeake Energy Corporation (NYSE:CHK) stock plummeted more than 50% to $1.50 on February 8 on fears the oil producer may be heading for the incinerator. Yet CHK stock survived the massive sell-off and has since surged more than 200% as oil rallied.
Now if anyone is thinking of picking up shares of Chesapeake Energy in their 401K, I wouldn't advise this. CHK stock should only be considered for aggressive day traders.
The move of the April West Texas Intermediate (WTI) oil to above $34.00 helped to attract buying back to the.
Den vollständigen Artikel lesen ...