Business
Why the Oil Search (ASX:OSH) share price is the worst performer today
The Oil Search Limited (ASX: OSH) share price crashed on Friday after brokers downgraded their recommendation on the stock.
The Oil Search share price tumbled 5.6% during lunch time trade to $3.52 – making it the worst performer on the S&P/ASX 200 Index (Index:^AXJO).
In case you are wondering, the Washington H. Soul Pattinson and Co. Ltd (ASX: SOL) share price is the second worst with a 4.1% slump after Regis Healthcare Ltd (ASX: REG) rejected its takeover offer.
The Orica Ltd (ASX: ORI) share price is in third position with a 4% drop to $16.30 after it posted a disappointing profit result.
Oil Search share price slumps on broker downgrades
However, it was the OSH share price that’s holding the wooden spoon even as the oil…
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