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Weatherford International Plc (NYSE: WFT) shares are trading lower by $1.88 (25 percent) at $5.60 in Thursday's session. One day after its Q1 EPS of $0.03 with a slight miss for revenues, Stephens & Co. downgraded the issue from Equal-Weight to Underperform.
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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The selloff from the pre-market has carried over into the regular session. So far, it has reached $5.55 and is not far off that level.
That is just above its January 21 low ($5.42) and its 16-year low that was made in October 1999 at $4.71.