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Morning Alert: MEG Energy down 10.8% in 2 days 09 March 2017 11:18 EST

Mar 9, 2017 - News Bites Canadian Markets


MEG Energy Corp. (TSX:MEG), Canada's 12th largest Oil & gas - exploration & production company by market cap, slipped further on Thursday, sliding an additional 18.0c (2.7%) to trade at CAD6.60. The stock tumbled 7.5% on Wednesday. This brought its 2-day fall to 10.0%, compared with the S&P/TSX 60 Index which fell 5.4 points (0.6%) in the two days for a relative price change of -9.4%. The fall was exacerbated by a cumulative 2-day volume of 1.6 times the average

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