When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Every now and then the most important part of the quarter is not the earnings. That was definitely the case for Contango Oil & Gas (MCF). The company replaced its credit agreement with a new 5-year agreement while management went on a shopping spree. The replacement of the credit agreement was accompanied by some drama.
Source: Seeking Alpha Website January 10, 2020
As shown above, the stock price dropped significantly over fears of the impending maturation of the credit line in place. Once the credit line was replaced, then the stock rallied. The