Diamond Offshore Drilling (DO) Holding Has Lifted by Glacier Peak Capital Llc; Clifford Swan Invest

Glacier Peak Capital Llc increased its stake in Diamond Offshore Drilling Inc. (DO) by 894.28% based on its latest 2018Q3 regulatory filing with the SEC. Glacier Peak Capital Llc bought 178,855 shares as the company’s stock declined 29.90% with the market. The hedge fund held 198,855 shares of the energy company at the end of 2018Q3, valued at $3.98M, up from 20,000 at the end of the previous reported quarter. Glacier Peak Capital Llc who had been investing in Diamond Offshore Drilling Inc. for a number of months, seems to be bullish on the $1.30B market cap company. The stock increased 4.99% or $0.45 during the last trading session, reaching $9.43. About 2.29M shares traded or 1.46% up from the average. Diamond Offshore Drilling, Inc. (NYSE:DO) has declined 29.30% since December 21, 2017 and is downtrending. It has underperformed by 29.30% the S&P500. Some Historical DO News: 21/04/2018 – DJ Diamond Offshore Drilling Inc, Inst Holders, 1Q 2018 (DO); 09/05/2018 – A.P. MOLLER-MAERSK LIKELY TO SHELVE PLANS FOR MAERSK DRILLING UNIT IPO; 09/05/2018 – EXCLUSIVE-Maersk likely to shelve plans to list drilling division; 30/04/2018 – Diamond Offshore 1Q EPS 14c; 17/04/2018 – Diamond Offshore Launches Sim-Stack™ – the Industry’s First Cybernetic BOP Service; 08/05/2018 – LOEWS CORP L.N SETS QUARTERLY DIVIDEND OF $0.0625/SHR; 30/04/2018 – Diamond Offshore 1Q Rev $295.5M; 09/05/2018 – A.P. MOLLER-MAERSK LIKELY TO EXTEND TIMELINE TO DIVEST DRILLING UNIT BEYOND YEAR-END; 30/04/2018 – D....

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