Seeking Alpha

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

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.
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