March 17, 2014

USEC STOCK DROPS 60 PERCENT IN WAKE OF BANKRUPTCY ANNOUNCEMENT

By ExchangeMonitor
Following news of its plans to file for Chapter 11 bankruptcy, USEC’s share price fell about 60 percent yesterday, from $5.30 to $3.51. The stock dropped after USEC announced yesterday morning that it will file for bankruptcy as part of a financial restructuring…
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