I'd have to agree with Bassclef. CGL has stayed buoyant through this tsunami of shyte and is probably just catching up to where it would have been if it followed trend. SH probably wanted to take some profits off the table and would have benefited from the liquidity today with 387K of volume. The liquidity of the stock in general means that if someone wants to sell then it will trade down because the bid-ask spread is wide.
DYOR but I think it will bounce back. Unless someone knows something about a contract, but I think it's more to do with the sentiment.
CGL Price at posting:
$8.13 Sentiment: Buy Disclosure: Not Held
