Why Teekay Stock Gained Back 45% Today
After Monday's historic crash, Wall Street enjoyed a rebound in share prices today, with the S&P 500, Dow, and Nasdaq all closing just shy of 5% gains. Big as those gains were, though, they pale in comparison with the resurgence in stock price at Teekay (NYSE: TK) on Tuesday: 45%!
Image source: Getty Images.
Teekay's fabulous rise today wasn't because of a great earnings report or an analyst upgrade. It appears to have had no news to report, either good or bad.
Source Fool.com
