McDermott International Closes At 4-Month Low

Wednesday, July 23, 2008; Posted: 04:16 PM

7 Stocks You Need To Know For Tomorrow -- Free Newsletter

(RTTNews) - McDermott International Inc. (MDR | Quote | Chart | News | PowerRating) dropped to a range within the first 60 minutes of trading on Wednesday.

The range held the stock for the remainder of the day, bringing it to a close of $49.91 down $2.76 from Tuesday.

The decline took the stock below recent support and to its lowest level in four months.

For full details on Mcdermott Internat Inc (MDR) click here. Mcdermott Internat Inc (MDR) has Short Term PowerRatings of 7. Details on Mcdermott Internat Inc (MDR) Short Term PowerRatings is available at This Link.

Morning Coffee with TradingMarkets -- Free Newsletter

More News: Market Updates | Stock Alerts | All Trading News | Stock Index

Archives

Feedback

Email Article Link

Close X

RELATED SITES

Please call 1-213-955-5858 ext. 1

All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.