Weatherford International plc - New (WFRD) is trading -6% lower at $18 today. While there was no immediate catalyst as of the time of this writing, the stock sold off amidst the turbulent whipsawing of a bear market, and thematic selloff of the energy sector.
Weatherford International plc - New has been trading between a 52-week high of $40.16 and a 52-week low of $13.83. The stock has a market cap of $1.27 Billion.
Weatherford is a leading wellbore and production solutions company. Operating in more than 75 countries, the Company answers the challenges of the energy industry with its global talent network of approximately 17,000 team members and approximately 380 operating locations, including manufacturing, research and development, service, and training facilities.