Investopedia: Does A Shake Up At Seadrill Really Change Anything?
Ordinarily, a sudden change in management during a highly valued
growth/momentum story would be expected to shake up the stock. But then Seadrill (NYSE:SDRL) has never been an ordinary story and it looks like the markets aren't too troubled by news of a new CEO
and a possible corporate relocation. While I'd be inclined to agree
that Wednesday's news really doesn't change a lot for the company,
valuation is still pretty robust on this name.