Why Transocean (RIG) Outpaced the Stock Market Today
RIGTransocean(RIG) Zacks Investment Research·2024-01-30 08:01

In the latest market close, Transocean (RIG) reached $5.77, with a +1.05% movement compared to the previous day. This move outpaced the S&P 500's daily gain of 0.76%. Elsewhere, the Dow gained 0.59%, while the tech- heavy Nasdaq added 1.12%. Shares of the offshore oil and gas drilling contractor have depreciated by 10.08% over the course of the past month, underperforming the Oils-Energy sector's loss of 2.82% and the S&P 500's gain of 2.5%. The investment community will be paying close attention to the ear ...