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BREAKING: BP plc (BP) Stock Nosedives 15% (June 9, 2010) Story developing... Shares of BP plc (BP) on the New York Stock Exchange are down 15.68% today as we write this post... just $29.35 per share right now. To put that into proper perspective, BP has reportedly lost HALF its total market value since April 22 (when its Deepwater Horizon drilling platform exploded and sank). How low can BP's stock go? It seems like every day it's a new set back for the energy giant's Gulf of Mexico clean up efforts, or new fears of a major U.S. government crackdown on the company for its massive oil spill, which is shaping up to be the worst environmental disaster in America's history. |
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