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Stock impact report

Stock Market News: Coronavirus Claims Another Dividend, Another Bankruptcy [The Motley Fool]

Diamond Offshore Drilling, Inc. (DO) 
Last diamond offshore drilling, inc. earnings: 2/10 06:00 am Check Earnings Report
US:NYSE Investor Relations: investor.diamondoffshore.com
Company Research Source: The Motley Fool
was off to a generally positive start on Monday morning, buoyed by hopes about the possibility of the economy restarting if the coronavirus pandemic gets under control. Earnings season continues to churn forward, showing the initial impacts of the COVID-9-related shutdowns and foreseeing more pain ahead. Yet market participants took those outlooks in stride. Just before a.m. EDT, theDow Jones Industrial Average(DJINDICES:^DJI 00SNPINDEX:^GSPCNasdaq CompositeNASDAQINDEX:^IXICAs good as the market's overall reaction was, there were definite losers in the market.General MotorsNYSE:GMDiamond Offshore DrillingNYSE:DOImage source: Getty Images.GM suspends its dividendGeneral Motors saw its stock fall more than % Monday morning, losing ground despite the positive market. Investors reacted negatively to news that they'd no longer benefit from the 7% dividend yield the automaker had paid until now.GM has worked hard to strengthen its balance sheet, and the latest moves came at the cost of cap Show less Read more
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