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.
As recent as August 2019, Inter Pipeline (IPPLF, TSX:IPL) received a takeover bid - that it rejected - of CAD$30 per share. Who would have thought that the company would trade at only a third of that price today?
Personally, I avoided the stock for reasons that were unrelated to the headwinds that it and other energy infrastructure companies are facing today.
Specifically, I saw that Inter Pipeline had project concentration risk, as its major Heartland Petrochemical Complex project made up about 95% of its capital program at the time.