Celadon Group (CGI) See Heavy Selling Pressure Following Negative Blog Post

October 12, 2016 11:35 AM EDT

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Celadon Group (NYSE: CGI) is under pressure following a negative SeekingAlpha blog post. According to the report, SEC inquiries, accounting issue and liquidity constraints point to 65% near-term downside.

Shares of CGI are down 12.3%.

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