From Nasdaq:

Tellurian (NYSEMKT: TELL) stock saw a 13.6% drop in share price in Friday’s trading. The company announced hiring a financial advisor, prompting speculation of potential restructuring or bankruptcy. However, Tellurian claims the advisor will assist with balance sheet management and business structure. The recent sell-offs follow an initial surge in bullish sentiment driven by institutional investors increasing their holdings. Investors must weigh the uncertain outlook for Tellurian before investing. The Motley Fool Stock Advisor recommends 10 other stocks with significant growth potential, of which Tellurian is not one. The author and The Motley Fool have no position in Tellurian.



Read more: Why Tellurian Stock Plummeted Today