The stock market climbed to new record heights on Friday, closing the week with favorable performance despite mixed employment numbers that showed sluggish job growth, but sharply higher wages. The Dow climbed to within a single point of the 20,000 mark before falling back slightly, but even with that slight disappointment, major market benchmarks were up as much as a full percent as the Nasdaq Composite climbed above the 5,500 mark.
Category: W&T Offshore
Shares of W&T Offshore Soared in December. Is There Room Left to Run?
While the company released no significant news that would shift the trajectory of the business, the changes in oil prices did all the talking for this struggling company. Let’s be clear when we talk about W&T Offshore: This is a company that less than six months ago was on the cusp of bankruptcy.