Chesapeake (CHK) Shares Surge Amid Report Icahn Now 'Major' Holder
Tweet Send to a FriendGet Alerts CHK Hot Sheet
Price: $21.51 +3.17%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 1.7%
Revenue Growth %: +42.5%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 1.7%
Revenue Growth %: +42.5%
Trade CHK Now!
Shares of Chesapeake (NYSE: CHK) are jumping in late-afternoon trade as Bloomberg is reporting Carl Icahn is now a "major" holder in the company. Bloomberg said Icahn may now own more than 4 percent of the company.
Notably, a similar but less specific rumor about Icahn and Chesapeake was heard on May 14th. Chesapeake shares jumped less than 5 percent during that day.
Chesapeake shares last traded up 3.11 percent to $15.56.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Notably, a similar but less specific rumor about Icahn and Chesapeake was heard on May 14th. Chesapeake shares jumped less than 5 percent during that day.
Chesapeake shares last traded up 3.11 percent to $15.56.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Susquehanna Upgrades Chesapeake Energy (CHK) to Positive
- Pfizer (PFE) to Split Off Remaining Interest in Zoetis (ZTS)
- UPDATE: Dish Network (DISH) CEO Offers $2 Billion for Lightsquared Spectrum - Bloomberg
Create E-mail Alert Related Categories
Corporate News, Hedge Funds, RumorsRelated Entities
Carl Icahn
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
