Shares of Just Energy Group (NYSE: JE) dropped 30% early in today's session, and remained down 29% as of 11 a.m. EDT. The drop follows a spike in shares earlier this month when it announced its recapitalization plan was close to being finalized.
The retail energy provider, which operates separately from public electric utilities , confirmed today that it finalized its previously announced restructuring plan, and reconstituted its board of directors and some executive management positions.
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Why Just Energy Group Stock Plunged 30% Today