Dow Falls 360 Points On Losses In Shares Of Walt Disney, Dow

RPC Inc

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Company profile

RPC, Inc. is a holding company of Cudd Energy Services, Cudd Pressure Control, Thru Tubing Solutions and Patterson Services. The Company provides a range of oilfield services and equipment primarily to independent and oilfield companies, which is engaged in the exploration, production and development of oil and gas properties throughout the United States, including the Gulf of Mexico, mid-continent, southwest, Appalachian and Rocky Mountain regions, and in selected international markets. It has two segments. Technical Services segment includes its oil and gas services, which utilizes people and equipment to perform value-added completion, production and maintenance services directly to a customer well. Support Services segment includes all of the services, which provides equipment offered off the well site without it personnel and services, which are provided in support of customer operations off the well site such as classroom and computer training, and other consulting services.

Dow Falls 360 Points On Losses In Shares Of Walt Disney, Dow

12:46 pm ET November 9, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Behind negative returns for shares of Walt Disney and Dow, the Dow Jones Industrial Average is seeing a selloff Wednesday afternoon. Shares of Walt Disney (DIS) and Dow (DOW) are contributing to the index's intraday decline, as the Dow was most recently trading 360 points, or 1.1%, lower. Walt Disney's shares are down $12.48, or 12.5%, while those of Dow have fallen $1.58, or 3.2%, combining for a roughly 93-point drag on the Dow. Also contributing significantly to the decline are Visa (V), Walgreens Boots (WBA), and Intel (INTC). A $1 move in any of the benchmark's 30 components equates to a 6.59-point swing.

Data source: Dow Jones Market Data, FactSet. Data compiled November 9, 2022.

(END) Dow Jones Newswires

November 09, 2022 12:46 ET (17:46 GMT)