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Crestwood Midstream Partners (CMLP) Is Declining After Offering Announcement

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Crestwood Midstream Partners (CMLP) announced after the close Monday that it has commenced a public offering of 4,500,000 common units. The stock is now down 1.05 on 45K shares.

Crestwood Midstream Partners traded in a range for the bulk of Monday's session and closed down by 0.29 at $24.85. The stock dipped to a 1-week low and fell beneath its 50-day moving average.

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