CorEnergy's share price plummets after tenant suspends pipeline rent payments
April 14, 2020 at 13:21 PM EDT
CorEnergy Infrastructure Trust Inc.'s major pipeline tenants are struggling, threatening their rent payments and causing the Kansas City-based company to cut its dividend payments. CorEnergy's stock (NYSE: CORR) is down 39%, losing nearly $130 million in market cap in just a few hours.
