摘要: |
In September, the WorkBoat Stock Index lost 231 points, or 7.6%. For the month, losers topped winners by an 11-1 ratio. The top percentage loser for the month was Transocean Ltd., which saw its shares drop 32% in September. The offshore drilling contractor's shares have felt the heat from the drop in oil prices. WTI oil prices, which were about $122 bbl. in early June, closed at $77.17 bbl. on Sept. 30. The company has also been affected by the broader stock market, which is being dragged down by hawkish central bankers who want to continue to tighten monetary policy to reduce inflation and growth. |