McDermott halted after huge drop; reportedly hires turnaround firm [Seeking Alpha]
MCDERMOTT INTL (MDR)
Last mcdermott intl earnings: 11/4 04:15 pm
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mcdermott-investors.com/phoenix.zhtml?c=96360&p=irol-calendar_pf
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Source: Seeking Alpha
McDermott halted after huge drop; reportedly hires turnaround firm - McDermott International, Inc. (NYSE:MDR) | Seeking Alpha Energy | On the Move McDermott halted after huge drop; reportedly hires turnaround firm Sep. 18, 2019 12:06 PM ET McDermott International, Inc. (MDR) Carl Surran Trading in McDermott International ( -49% halted for the past hour Prior to the halt, speculation was swirling that MDR had hired turnaround firm Alix Partners, according to Briefing.com. MDR Oct. 4 puts reportedly were seeing notable activity, with 5,440 contracts trading vs. open interest of 2,680, pushing implied volume up to ~15%. MDR was the NYSE's biggest loser and headed for the biggest one-day decline since the company went public in 1982 before the trading halt. See all stocks on the move » Now read: Trump orders new sanctions on Iran; crude prices continue to slide » Subscribe
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