Transocean (RIG) Outperforms Broader Market: What You Need to Know

In the latest market close, Transocean (RIG) reached $6.10, with a +0.99% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.89%. At the same time, the Dow added 1.03%, and the tech-heavy Nasdaq gained 1.25%.Heading into today, shares of the offshore oil and gas drilling contractor had gained 29.34% over the past month, outpacing the Oils-Energy sector's gain of 5.25% and the S&P 500's gain of 3.56% in that time.The upcoming earnings release of Transoce ...