North American Palladium (PAL) Shares Dip as Credit Suisse Downgrades to Neutral

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Shares of North American Palladium (NYSE: PAL) are getting crushed Wednesday morning as an analyst at Credit Suisse earlier downgraded the stock from Outperform to Neutral. On the NYSE, the stock last traded at $1.83, down about 9.4 percent from Tuesday's close.

After the market closed Tuesday, the company announced a C$43 million convertible debentures offering.

For an analyst ratings summary and ratings history on North American Palladium click here. For more ratings news on North American Palladium click here.

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