Transocean Says Rig Stable Now


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Transocean (NYSE: RIG) just issued a report saying the rig in question is stable at this time.As such, shares are moving off the lows, with shares off $2.22 to $62.05, a loss of 3.45% after having been down much more than that after the rumor/news hit.In an interesting tidbit, John Paulson's Paulson & Co. is the second largest holder of RIG shares, owning over 24 million shares.Some guys just can't catch a break.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: NewsRumorsMoversEnergyJohn PaulsonOil & Gas DrillingPaulson & Co.