Biz, U.S.: Sucks to be BP, reason No. 39,197: Their stock plummets
- 15% the amount BP shares fell in the U.S. yesterday
- 11% the amount BP shares fell in the U.K. today
- 1997 the last time BP’s stock was this low source
- » Why the freefall? Well, besides the general “Did you see the oil spill?” response to that question, BP was told to pay workers it laid off as a result of the government’s moratorium on offshore drilling. Which means they’re on the hook for millions of dollars they weren’t before.