What: Shares of Seadrill (NYSE: SDRL) were sinking on Thursday, down more than 11% by 2:15 p.m. EDT. Weighing on the stock was news that the company had completed another bond swap in an effort to trim its mighty debt load.
What: Shares of Seadrill (NYSE: SDRL) were sinking on Thursday, down more than 11% by 2:15 p.m. EDT. Weighing on the stock was news that the company had completed another bond swap in an effort to trim its mighty debt load.