SEACOR Marine Holdings Inc
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Energy : Energy Equipment & Services | Small Cap Value
Company profile

SEACOR Marine Holdings Inc. provides global marine and support transportation services to offshore energy facilities worldwide. The Company operates and manages a diverse fleet of offshore support vessels, which delivers cargo and personnel to offshore installations, including wind farms; handle anchors and mooring equipment required to tether rigs to the seabed; tow rigs and assist in placing them on location and moving them between regions; provides construction, well work-over, maintenance and decommissioning support; and carry and launch equipment used underwater in drilling and well installation, maintenance, inspection and repair. In addition, the Company’s vessels provide accommodations for technicians and specialists, safety support and emergency response services.

Closing Price
$6.47
Day's Change
-0.18 (-2.71%)
Bid
--
Ask
--
B/A Size
--
Day's High
7.00
Day's Low
6.42
Volume
(Below Average)
Volume:
92,527

10-day average volume:
114,775
92,527

Match withdraws restraining order after Google agrees to 'various concessions'

9:00 am ET May 20, 2022 (MarketWatch)
Print

Shares of Match Group Inc. (MTCH) surged 5.2% in premarket trading Friday, after the data apps company after Alphabet Inc.'s (GOOGL)(GOOGL) Google made "various concessions" regarding Match's complaints. As a result, Match said it has withdrawn its request for a temporary restraining order, which it said last week that it would ask a federal judge to issue to prevent the search engine from throwing Match off its Google Play app store. Alphabet's stock rose 1.0% ahead of the open. Match, which dating apps include Tinder, Match and OkCupid, said the concessions include a guarantee that Match apps will be allowed to offer users choice in payment systems. In addition, Google will approve Match app updates that offer alternatives to Google Play Billing. As part of the agreement between the companies, Match will put $40 million into an escrow account, instead of paying Google directly for billing transactions that occur outside of Google Play Billing, until the federal courts hears and adjudicates antitrust claims filed against Google on May 9. Match said it still believes the fees Google charges for payments outside of Google Play Billing are illegal. Match's stock has plunged 43.3% year to date through Thursday, while Alphabet shares have shed 23.8% and the S&P 500 has dropped 18.2%.

-Tomi Kilgore

	

(END) Dow Jones Newswires

May 20, 2022 09:00 ET (13:00 GMT)

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