News Summary

• Transocean’s stock price was up 2
• 5% during mid-day trading on Wednesday
• Approximately 22,853,918 shares were traded during trading, an increase of 21% from the average daily volume of 18,811,123 shares
• The stock had previously closed at $3
• 66
• RIG has been the subject of a number of recent research reports
• Barclays upgraded shares of Transocean from an “equal weight” to an ‘overweight’ rating