Here is What to Know Beyond Why Transocean Ltd. (RIG) is a Trending Stock
RIGTransocean(RIG) Zacks Investment Research·2024-02-28 23:01

Transocean (RIG) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this offshore oil and gas drilling contractor have returned -16.4% over the past month versus the Zacks S&P 500 composite's +4% change. The Zacks Oil and Gas - Drilling industry, to which Transocean belongs, has lost 3.5% over this period. Now the key question is: Where could the stock be headed in the near ter ...