Parker Drilling (PKD) Higher On Warren Buffett Rumors
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Shares of Parker Drilling Co. (NYSE: PKD) are surging in pre-open trading Tuesday on unsubstantiated rumors that Warren Buffett Berkshire Hathaway (NYSE: BRK/A) (NYSE: BRK/B) could be interested in acquiring the company.
The rumors were first reported at FT Alphaville.
Shares of Parker Drilling are up 9 percent on the speculation.
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The rumors were first reported at FT Alphaville.
Shares of Parker Drilling are up 9 percent on the speculation.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
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