Patterson-UTI (PTEN) Falls 8% as Energy Stocks Lose Momentum

Patterson-UTI Energy Inc. (NASDAQ:PTEN) is one of the 10 Stocks Investors Are Dumping Right Now. Patterson-UTI fell by 8.01 percent on Wednesday to close at $10.33 apiece, mirroring the decline in energy shares after the US and Iran agreed to a two-week ceasefire. Patterson-UTI Energy Inc. (NASDAQ:PTEN), a leading oil and gas drilling company, declined alongside its counterparts after the prices of benchmark crude oil plunged by 15 percent in intraday trading following President Donald Trump’s announceme ...

Patterson-UTI (PTEN) Falls 8% as Energy Stocks Lose Momentum - Reportify