Why Tellurian Bounced Back Today
Shares of natural gas company Tellurian (NYSEMKT: TELL) were bouncing back in a big way today, up 6.5% as of 11:06 p.m. ET.
There wasn't much in the way of company-specific news today, but today's gains didn't even recapture the losses from yesterday's decline, which was even larger.
Tellurian is a small-cap stock that's tied to the price of a commodity, natural gas. That's already a recipe for volatility; however, Tellurian's potential is also based on a construction project that may or may not be completed far out in the future, which adds yet another dose of volatility to this stock. But is the big upside potential worth it with the stock at these beaten-down levels?
Source Fool.com
