Bill Barrett's (BBG +6.2%) move to allow some institutional shareholders to hold up to 20% of...


Bill Barrett's (BBG +6.2%) move to allow some institutional shareholders to hold up to 20% of its stock, up from 15%, without trying to take over the company "adds large incremental buyers potentially," Wunderlich says. Also boosting shares is a presentation noting a new Colorado well result from a competitor; after investor skepticism, the news "makes [BBG] look a little more de-risked," SunTrust says.

Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs