Amplify Energy Stock Tumbles After Merger Agreement With Juniper Capital: Retail Sentiment Hits Year-Low Level
Oil and natural gas player Amplify Energy Corp (AMPY) shares declined over 9% on Wednesday after the company announced a merger agreement with Juniper Capital, a Texas-based energy investment firm. The deal seeks to merge Amplify with certain Juniper portfolio companies that own substantial oil-weighted producing assets and significant leasehold