ATLS

$0.01
+$0.00 (+-3.3%)
Closing price July 10, 2020
The stock market continues to act like an aging prize fighter, one that will not give up despite all the haymakers landed. In keeping with the bullish tone, insiders continue buying stock.
Logically, it seems that as they stock market zooms higher, insiders who want to buy stock would wait until a pullback to add new capital.
Last week's big move up and all the market volatility since the beginning of the year has not put a huge damper on insiders who want to add to their positions.
The recent market volatility has allowed many insiders an opportunity to add stock at better price points, especially in the beaten-down energy sector.
Despite the markets hitting all-time high, insiders continued to buy stock this past week, in what could be a very bullish sign for investors.
Atlas Pipeline Partners announced Monday morning that it has agreed to be acquired by Targa Resources Partners in a cash and stock deal worth $7.7 billion.
Oil supermajor Chevron Corp. (NYSE:CVX) has announced that it will acquire Atlas Energy Inc. (NASDAQ:ATLS) for $3.2 billion in cash and will take on an additional $1.1 billion in existing debt owed...
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