BP Bounces Off Yesterday's 52 Week Low

Filed under: Major Movement, Other Issues, BP p.l.c. ADS (BP), Oil

Shares of BP PLC (BP) have been in free fall the past month as investors worry whether or not the company is going to be able to deal with the oil disaster in the Gulf, but the stock made a nice move today, gaining 12.3% on the day to close the session at $32.78.



While today's price jump was impressive, it was still not enough to make up for the 16% drop we saw yesterday, which marked the stock's worst trading day since 1972.

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BP Bounces Off Yesterday's 52 Week Low originally appeared on BloggingStocks on Thu, 10 Jun 2010 18:00:00 EST. Please see our terms for use of feeds.

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