JPMorgan Chase & Co. Raises Holdings in Tidewater Inc. $TDW

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JPMorgan Chase & Co. significantly increased its stake in Tidewater Inc. (NYSE:TDW) by 286.0% in the third quarter, now owning 187,250 shares valued at $9.986 million. Other institutional investors also boosted their holdings in the oil and gas company. Tidewater’s stock currently trades at $77.78, with a market capitalization of $3.86 billion, and the company recently reported strong quarterly earnings, beating analyst estimates.

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