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Chesapeake Energy Drops 18%, Gas Prices Raise Worries About Company’s Ability to Continue

November 5, 2019

Chesapeake Energy shares were way down on Tuesday after the production company missed 3Q expectations, in what analysts call the “sharpest one day drop” in more than three years, while the company also warned that if natural gas prices continue to be “depressed,” there is “substantial doubt” that the company can continue as a “going concern.”…