? asked in Business & FinanceInvesting · 1 decade ago

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?

3 Answers

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  • 1 decade ago
    Favorite Answer

    There's rumors they might be bought out by Exxon.

  • Possum
    Lv 6
    1 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.

  • 1 decade ago

    Look like to me that this stock may drop further.

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