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Diamond Offshore files for bankruptcy, stock plunges – MarketWatch

Shares of Diamond Offshore Drilling Inc. DO, +13.06% plummeted 61% toward a record low in premarket trading Monday, after the oil driller said it has filed for bankruptcy in the Southern District of Texas. The company said it plans to use the bankruptcy…

Shares of Diamond Offshore Drilling Inc.
DO,
+13.06%
plummeted 61% toward a record low in premarket trading Monday, after the oil driller said it has filed for bankruptcy in the Southern District of Texas. The company said it plans to use the bankruptcy…
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