Tidewater saw its shares plunge by nearly 44.2% Monday after the offshore vessel giant warned that it could file for Chapter 11 bankruptcy.
The company's shares reached $1.67 on the New York Stock Exchange today, down from $2.99 Friday.
The fall came after the New Orleans outfit said that market data spurred it to expand negotiations with creditors to cover proposed amendments for more debt terms.
Tidewater,
