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#: Camber Energy shares continue bumpy ride with 30% jump in after-hours trading

#: Camber Energy shares continue bumpy ride with 30% jump in after-hours trading

Camber Energy shares lost more than three-quarters of their value in four sessions

Camber Energy Inc. shares jumped more than 30% in after-hours trading Wednesday, after the energy company disclosed it has no plans for a reverse stock split after a volatile couple of weeks of trading.

In a filing with the Securities and Exchange Commission after the market closed Wednesday, the oil-and-gas company said that a sudden increase in its share count since February was primarily due to an institutional investor’s conversion of preferred shares. Because of the enlarged share count, which is nearing 250 million,…

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