What Is Going On With These Falling Stocks?

AAC Holdings Inc (NYSE:AAC) is 10.5% in the red after the Wall Street Journal published an article,  noting that the government charged AAC Holdings Inc (NYSE:AAC), its former president, and four other people with second-degree murder concerning a 2010 incident in a California facility this August. The author writes that the murder charges might not be all of AAC’s troubles, however, as the company’s accounts receivable has grown faster than AAC’s revenues, now accounting for about around 100% of the revenue compared to 75% last year. If AAC has trouble collecting on the money owed to it, its valuation might have more downside left.

Wrapping up our coverage of red stocks today is Linn Energy LLC (NASDAQ:LINE), whose shares are off by another 13.6% on the back of weak energy prices. Not only did Brent crude contracts hit lows not seen since 2004, but also WTI contracts have fallen 0.97% as energy investors continue to worry about record-high crude inventories and the impending half a million barrels a day of additional Iranian crude exports that are expected to hit the market in early 2016. Five funds among those we track owned 0.2% of Linn Energy LLC (NASDAQ:LINE)’s float at the end of the third quarter.

Disclosure: none