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Why Just Energy Group Dropped 16% Today

Why Just Energy Group Dropped 16% Today

Shares of energy solutions company Just Energy Group (NYSE: JE) sank 16% today as of 2:00 p.m. EST. During the period ending Sept. 30, 2020, Just Energy completed a recapitalization plan that led to a single-day doubling of shares as well as a subsequent 30% drop once the plan was officially completed.