The Traderszone Network

Published in TZ Latest News 29 November, 2016 by The TZ Newswire Staff

Why Newpark Resources Inc’s Shares Plunged 16% Today

Drilling Rigs

Image source: Getty Images.

Shares of Newpark Resources Inc (NYSE: NR) fell as much as 16% on Tuesday after the company announced a debt offering. At 1:00 p.m. EST shares were still down 12.3% on the day. 

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