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ARC Resources down 4.8% in 2 days post dividend February 27, 2017 17:00 EST

Feb 27, 2017 - News Bites Canadian Markets


ARC Resources Ltd. (TSX:ARX), Canada's 5th largest Oil & gas - exploration & production company by market cap, extended its slide on Monday, shedding an additional 4.0c (0.2%) to close at CAD20.0. The shares have sunk CAD1.01 (4.8%) over the past two trading days, compared with the S&P/TSX 60 Index which fell 17.7 points (1.9%) in the two days for a relative price change of -2.9%. The fall was exacerbated by a cumulative 2-day volume of 2.3 times average daily v

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