BP’s Stock Price and Market Lessons On April 20, 2010, the Deepwater Horizon drilling rig exploded in the Gulf of Mexico. Concurrently, the price of BP’s shares began to implode. On April 20, BP’s stock price closed at .48. By May 10, it had dropped to .75. During this time, the company’s market capitalization (calculated [...]

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BP’s Stock Price and Market Lessons On April 20, 2010, the Deepwater Horizon drilling rig exploded in the Gulf of Mexico. Concurrently, the price of BP’s shares began to implode. On April 20, BP’s stock price closed at .48. By May 10, it had dropped to .75. During this time, the company’s market capitalization (calculated [...]

Pages: 1 2 3 4