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Chesapeake Energy Fell 6% in August: Can It Gain Momentum?

Kurt Gallon
Chesapeake Energy Fell 6% in August: Can It Gain Momentum?

Chesapeake Energy (CHK) has been sluggish for most of August. The company saw a sharp decline following its second-quarter earnings and a revenue miss. CHK stock plunged in mid-August after crude oil came close to a two-month low. But CHK has had a significant recovery since then.