What's Going On With Camber Energy Stock?
Portfolio Pulse from Adam Eckert
Camber Energy Inc's (CEI) shares are trading higher on abnormally high volume amid increased retail investor attention. The company's shares are down more than 94% over the last year and more than 40% in the last three months. Last month, NYSE American accepted the company's business plan to regain compliance with the exchange's continued listing requirements. The stock is seeing increased message volume across social media platforms. In December, the SEC brought charges against eight individuals in a $100 million securities fraud scheme in which they used Twitter to manipulate stock prices, including Camber Energy's.
July 12, 2023 | 7:52 pm
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Camber Energy's shares are trading higher on high volume amid increased retail investor attention. The stock is down more than 94% over the last year and 40% in the last three months. The company is trying to regain compliance with NYSE's listing requirements.
The increased retail investor attention and high trading volume could potentially drive the stock price up in the short term. However, the company's shares have been on a downward trend over the last year, which could continue. The company's efforts to regain compliance with NYSE's listing requirements could also impact the stock price.
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