Seadrill Files for Chapter 11 Bankruptcy, Wiping Out Existing Shareh...

Seadrill Files for Chapter 11 Bankruptcy, Wiping Out Existing Shareholders
Fortune
Seadrill shares have fallen more than 99% from their 2013 peak as it was hit hard by oil companies curtailing demand for rigs when crude prices crashed. They traded 7% lower at 1.65 Norwegian crowns at 8:05 a.m. GMT on Wednesday. Seadrill said it had ...
Shareholders hit hard as Seadrill files for Chapter 11 bankruptcyNasdaq

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