Diamond Offshore Drilling Inc. (NYSE: DO) dropped about 0.4%% on Monday to post a new 52-week low of $43.04. Shares posted a 52-week low on Friday of $43.16. Offshore drillers continue to be plagued by poor fleet status status report — and when one of them sneezes, all catch a cold. Share volume is about half the daily average of around 1.4 million. The stock’s 52-week high is $66.34.
Eclipse Resources Corp. (NYSE: ECR) slipped about 3% to a new 52-week low of $17.40 compared with the stock’s 52-week high is $27.18. The high was posted on Eclipse’s IPO date and the stock is down about 36% since the June 20th IPO. Volume is about half the daily average of around 1.4 million shares traded.
Mattel Inc. (NYSE: MAT) dropped about 1.2% to hit a new 52-week low of $34.56 today. The toy maker had no news today. Shares posted their previous low on August 15th, so the trend here is down even though the stock bounced off its bottom this morning and regained about 1% of its early loss. The stock’s 52-week high is $47.94. Trading volume today is about 30% below the daily average of around 2.6 million shares.
Transocean Ltd. (NYSE: RIG) added about 1.7% to a decline of 2.6% on Friday to post a new 52-week low of $37.33. Volume is about 20% below the daily average of around 5 million shares. Again, the fleet status report from last week continues to weigh down the share price. Transocean’s 52-week high is $55.74.
ALSO READ: Companies That Control the World’s Food
Is Your Money Earning the Best Possible Rate? (Sponsor)
Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.
However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.
There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
