When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Shares of RigNet(NASDAQ: RNET) are down more than 10% at 3:09 p.m. EDT on Oct. 1, in what has proven a pretty bad day for offshore energy investors in general. Many offshore drilling stocks, including Transocean, Seadrill, and Valaris, are down between 5% and 10% at this writing.
Often when there's a big sell-off like today's, there's an obvious reason -- such as an underwhelming earnings report -- that investors are selling. Other times, there's not a clear-cut "here's why" that we can point to. So goes investing in the energy sector.