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McDermott International’s Next 7-Day Stock Price Forecast

Alex Chamberlin
McDermott International’s Next 7-Day Stock Price Forecast

On April 24, McDermott International’s (MDR) implied volatility was 87.3%. On February 21, McDermott International’s 4Q17 and fiscal 2017 financial results were released. Since then, McDermott International’s implied volatility has increased from 47% to this level. Since February 21, McDermott International’s stock price has decreased nearly 3%. McDermott International accounts for 1.8% of the VanEck Vectors Oil Services ETF (OIH). OIH tracks an index of 25 oilfield equipment and services companies. OIH has increased ~13% since February 21. Seven-day stock price forecast