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ARC Resources down 4.3% in 2 days, reports 8.5% sequential fall in Quarterly Revenue Tuesday November 19, 2019 17:00 EST

Nov 19, 2019 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

ARC Resources Ltd. (TSX:ARX), Canada's 7th largest Oil & gas - exploration & production company by market cap, extended its slide on Tuesday, shedding an additional 11.0c (1.7%) to close at CAD6.24. The shares have sunk 28.0c (4.3%) over the past two trading days, compared with the S&P/TSX 60 Index which fell 0.8 points (0.1%) in the two days for a relative price change of -4.2%. The fall was exacerbated by a cumulative 2-day volume of 1.5 times the average 2-da...