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Buy The Dip In Transocean Stock?
TransoceanTransocean(US:RIG) Forbesยท2025-09-29 11:55

UKRAINE - 2019/04/05: In this photo illustration a Transocean Ltd logo seen displayed on a smart phone. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)LightRocket via Getty ImagesThe shares of Transocean Ltd. (NYSE: RIG), one of the largest offshore drilling contractors globally, have faced significant pressure. Recently, the stock dropped to approximately $3.16, which is down 20% year-to-date, and it now trades at less than one-third of its highs from 2022. With a market cap ...