Weatherford (WFT) in Focus: Stock Moves 6.5% Higher
Weatherford International plc WFT was a big mover last session, as the company saw its shares rise roughly 7% on the day. Shares moved up after the company priced an offering of $1.1 billion of exchangeable senior notes due 2021 with a 5.875% interest rate. This led to solid volume too with far more shares changing hands than in a normal session. […]