BP Stocks Increasing?
Why are BP stocks rising? I mean it's bad enough that you know they're about to spend billions on the spill. But what heartless person would support a business that could well be the end of the world and definitely the gulfs wildlife? As a matter of fact they are opening more stations. Are they using this as publicity?
- jeff410Lv 71 decade agoFavorite Answer
There's rumors they might be bought out by Exxon.
- PossumLv 61 decade ago
Since the incident, BP shares have dropped almost 50% in value. Yes, they will spend billions in claims and cleanup but not all of that will come out of their pocket. BP is a huge company any investors see it as a chance to make money.
- Grandpa SharkLv 61 decade ago
Look like to me that this stock may drop further.