McDermott (MDR) +2.9% premarket on news of large insider buying at the engineering company for...

|About: McDermott International, Inc. (MDR)|By:, SA News Editor

McDermott (MDR) +2.9% premarket on news of large insider buying at the engineering company for oil and gas projects. CEO Stephen Johnson disclosed buying 102,368 shares on June 6 at an average price of $9.64; four executives bought a total of 175K shares worth ~$2.6M.