Dallas Oil Company Shares Collapse Today, One Day After Reddit Fueled 1000% Rise – The Dallas Morning News
Dallas Oil Company Shares Collapse Today, One Day After Reddit Fueled 1000% Rise – The Dallas Morning News
An obscure company that employs five people and appears to produce negligible amounts of oil and natural gas from some Appalachian wells collapsed on Friday, a day after climbing nearly 1,000% in the latest day-trading craze powered by Reddit. New Concept Energy Inc. fell 54%, tripping circuit breakers. The Dallas-based company was the subject of […]
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