Business
Worley (ASX:WOR) share price dips lower despite positive news
Worley Ltd (ASX: WOR) shares are dipping lower today, despite the company winning a new contract.
During early afternoon trade, the global engineering company’s shares are down 0.5% at $12.74. The Worley share price did reach positive territory earlier on, recording an intraday high of $12.98.
What did Worley announce?
The Worley share price has been see-sawing today after investors appear mixed on the company’s latest release.
In its announcement, Worley advised that it has been awarded a contract from Schering-Plough Animal Health Limited, also known as MSD Animal Health.
MSD Animal Health is a division within the 125-year-old global pharmaceutical company, MSD. The former which provides veterinary services and digital…
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