BP Shares Plunge As the Oil Spill In the Gulf Has Yet to Be Contained
June 01, 2010 at 13:40 PM EDT
BP plc (BP) fell 14% during Tuesday’s trading session to $36.90, the most intraday since at least July 1980, as the company was unable to successfully shut the flow off from the broken well. With the “top kill” operation declared a failure over the weekend, BP abandoned attempts to plug the well that has already leaked [...]
