The stock market is rallying. Oil prices are up. Investors are overlooking something very important with McDermott.
News & Analysis: McDermott International
Though major indexes rose, these companies got left behind.
These stocks bucked a downward trend on Wall Street.
The potential sale of a high-value subsidiary has investors hopeful McDermott can stave off bankruptcy.
After shares cratered yesterday, management tried to ease concerns with a press release. It didn't go well.
Concerns about major financial troubles hit one of these stocks hard.
The engineering and construction company is working with an outside consulting firm on a turnaround strategy. Those tend to be painful.
Sometimes even solid growth isn't enough to lift a stock's price.
Second-quarter results came in well below expectations, and the rest of the year looks troubled as well.
MDR earnings call for the period ending June 30, 2019.