Weatherford shares plummet after company scraps OneStim venture
January 02, 2018 at 12:41 PM EST
HOUSTON, Jan 2 (Reuters) - Shares of Weatherford International Plc fell more than 17 percent on Tuesday after the oilfield services company abandoned a proposed joint venture with Schlumberger and instead sold its hydraulic fracturing business to Schlumberger, a bigger rival.
