Street Wire: BP Stock Tumbles Nearly 10%

Before you go, we thought you'd like these...
Before you go close icon
BP's (BP) stock plunged 9.7%, or $3.29, to close at $30.68 Monday on the New York Stock Exchange (NYX) amid pressure to suspend its dividend in wake of the growing Gulf oil spill. BP lost $10.6 billion in market capitalization in Monday trading. Costs related to the Gulf oil spill are estimated at $1.6 billion and counting. U.S. officials are pressuring BP to reserve billions for clean-up costs.
Read Full Story


S&P 500 2,357.54 -1.03 -0.04%
DJIA 20,659.22 -42.28 -0.20%
NASDAQ 5,884.65 9.51 0.16%
DAX 12,200.68 51.26 0.42%
NIKKEI 225 19,217.48 14.61 0.08%
HANG SENG 24,392.05 46.18 0.19%
USD (per EUR) 1.07 -0.01 -0.64%
USD (per CHF) 1.00 0.00 0.42%
JPY (per USD) 110.91 -0.32 -0.28%
GBP (per USD) 1.24 0.00 0.02%

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners