Transocean (RIG) Beats Stock Market Upswing: What Investors Need to Know

Transocean (RIG) closed the latest trading day at $5.49, indicating a +1.29% change from the previous session's end. The stock's performance was ahead of the S&P 500's daily gain of 0.29%. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, added 0.43%.Coming into today, shares of the offshore oil and gas drilling contractor had lost 14.78% in the past month. In that same time, the Oils-Energy sector lost 5.56%, while the S&P 500 gained 2.08%.The upcoming earnings release of Transocean will b ...