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DraftKings slammed by Hindenburg Research, shares down 7%

Bloomberg

Troubled Driller Transocean Latest Reddit Darling to Sell Shares

(Bloomberg) — Transocean Ltd. is planning to raise cash and cut debt by selling new shares, taking advantage of a surge in its stock price driven by the meme-stock frenzy and rising oil prices.The company, which operates rigs for offshore oil and gas drilling, plans to issue as much as $400 million of equity through an agreement with Jefferies LLC, according to a filing Tuesday. Its shares have gained 75% this year to around $4, from a low of 67 cents last October, alongside oil prices, which h

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