BP stock plummets as oil spill anger grows
The financial toll of the Gulf of Mexico oil spill escalated today as BP’s stock plummeted to a 14-year low.
BP stock dropped $5.45 dollars (€4.50), or 16%, yesterday – easily its worst day since the April 20 rig explosion that set off the spill. In the seven weeks since then, the company has lost half its market value.