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Chesapeake Energy Corporation (NYSE:CHK): Current Price $20.31
After the energy exploration company announced that their Chief Executive Officer, Aubrey McClendon, would retire on April 1, Chesapeake Energy Corporation’s stock is surging. McClendon’s personal financial dealings have been harshly criticized by many investors, specifically, the CEO’s personal investments in the wells that his company was drilling caused a great deal of controversy and the Security and Exchange Commission opened a probe into the matter last year. In early trading, Chesapeake jumped $1.47, or 7.75%, to $20.44.
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