Penny Stocks or Pitfalls? The High-Stakes World of Transocean Ltd. (NYSE:RIG)
Penny stocks, exemplified by Transocean Ltd. (NYSE:RIG), offer the allure of quick gains but are fraught with volatility and risk. Transocean has shown strong performance, with third-quarter 2024 revenues increasing by $87 million due to its ultra-deepwater drillship, Deepwater Aquila. Investors are
