Seadrill Limited Shares Resume Trade
Portfolio Pulse from Benzinga Newsdesk
Seadrill Limited, a deepwater drilling contractor, has resumed trading of its shares. The company's stock, which is listed under the ticker symbol SDRL, had previously been halted. Investors are now able to buy and sell SDRL shares again.
December 22, 2023 | 4:36 pm
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NEUTRAL IMPACT
Seadrill Limited's shares have resumed trading after being temporarily halted. This resumption allows investors to engage in transactions involving SDRL stock once more.
The resumption of trading typically has a neutral short-term impact on a stock's price as it simply indicates that the shares are available for trading again. However, the reasons behind the trading halt and the investor sentiment towards the company's circumstances could influence the stock's performance.
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IMPORTANCE 75
RELEVANCE 100