Halliburton shares tumble after panel statement

NEW YORK (BestGrowthStock) – Shares of Halliburton Co (HAL.N: ) slid about 10 percent in afternoon trading after a presidential panel said the foam cement the company used to seal BP’s Macondo well in the Gulf of Mexico may have contributed to the April 20 blowout that led to the worst offshore oil spill in U.S. history.

Halliburton was down more than 10.2 percent at $30.91.

(Reporting by Leah Schnurr; Editing by James Dalgleish)

Halliburton shares tumble after panel statement