Camber Energy stock loses half its value on heavy volume, to extend

Shares of Camber Energy Inc. plunged 50.2% in volatile trading Tuesday, as they extended their selloff from a near two-year high. The oil and natural gas company’s stock had rocketed 161.6% amid a six-day win streak — the average daily volume was 523.3 million shares — to $3.82 on Sept. 30, which was the highest closing price since October 2019. Kudos to Tuttle Capital Management Chief Executive Matthew Tuttle, who said last week that the rally looked like a “headfake,” as it appeared to be a possible pump by some Wall Street investors using social-media volume as a tool, as MarketWatch’s Thornton McEnery. Since then,…