SDRL stock continues to move lower in Tuesday’s session after Carnegie Investment Bank suggested selling Seadrill Ltd (NYSE:SDRL) shares amid mounting recovery worries.
Carnegie Investment Cuts PT By 88%Bermuda incorporated deepwater drilling contractor Seadrill seems to be in all sorts of trouble less than a year after its bankruptcy crisis. In a new and alarming development, it has emerged that Carnegie Investment Bank AG has given a sell rating on the company’s shares and slashing SDRL stock by a whopping 88%.
Investors did not take long to act upon the recommendation, dropping SDRL ...
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