Casella Waste Systems Inc
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Industrials : Commercial Services & Supplies | Small Cap Growth
Company profile

Casella Waste Systems, Inc. is a vertically integrated solid waste services company. The Company manages its solid waste operations on a geographic basis through two regional segments, the Eastern and Western regions, each of which provides a range of solid waste services. It manages its resource-renewal operations through the Resource Solutions segment, which includes recycling and commodity brokerage operations along with its organics services and, commercial and industrial services. It provides resource management and services to residential, commercial, municipal and industrial customers, primarily in the areas of solid waste collection and disposal, transfer, recycling and organics services. It operates approximately 47 solid waste collection operations, 58 transfer stations, 20 recycling facilities, eight Subtitle D landfills, three landfill gas-to-energy facilities, and one landfill permitted to accept construction and demolition (C&D) materials.

Closing Price
$84.76
Day's Change
-1.51 (-1.75%)
Bid
--
Ask
--
B/A Size
--
Day's High
86.66
Day's Low
84.02
Volume
(Heavy Day)
Volume:
253,783

10-day average volume:
204,202
253,783

Camber Energy stock loses half its value on heavy volume, to extend the selloff from a 2-year high

11:47 am ET October 5, 2021 (MarketWatch)
Print

Shares of Camber Energy Inc. (CEI) plunged 50.2% in volatile trading Tuesday, as they extended their selloff from a near two-year high. The oil and natural gas company's stock had rocketed 161.6% amid a six-day win streak -- the average daily volume was 523.3 million shares -- to $3.82 on Sept. 30, which was the highest closing price since October 2019. Kudos to Tuttle Capital Management Chief Executive Matthew Tuttle, who said last week that the rally looked like a "headfake," as it appeared to be a possible pump by some Wall Street investors using social-media volume as a tool, as MarketWatch's Thornton McEnery. Since then, the stock has plummeted 59.7%. As of Tuesday afternoon, trading volume was 227.5 million shares, enough to make Camber's stock the most actively traded on major U.S. exchanges. It has been halted three times for volatility in the past half hour. The selloff comes as original meme stocks AMC Entertainment Holdings Inc. (AMC) rose 2.4% and GameStop Corp. (GME) gained 0.1%, while the S&P 500 advanced 1.3%.

-Tomi Kilgore

	

(END) Dow Jones Newswires

October 05, 2021 11:47 ET (15:47 GMT)

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