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Just Energy Group Inc. (Canada) JENGQ

Utilities Utilities - Diversified
Just Energy Group Inc is a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers. Geographically, the company is operating in the United States and Canada, Just Energy serves residential and commercial customers.


OTCPK:JENGQ - Post by User

Just Energy Group Inc. (Canada) > Just Energy +23% after PIMCO holds 28.9% stake
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Post by Azzo100on Oct 09, 2020 10:42am
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Post# 31695333

Just Energy +23% after PIMCO holds 28.9% stake

Just Energy +23% after PIMCO holds 28.9% stakeShares of Just Energy (NYSE:JE) surge 23% premarket after Pacific Investment Management Company (PIMCO) disclosed 28.9% stake in the company. PIMCO acquired ~13.9M shares for a total of $38M, following a recapitalization in which the entities had obligations to backstop an offering of new common shares.
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