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Thu, Feb

Tidewater surges to 52-week high after posting eight-year high quarterly sales

Shipbuilding

Tidewater's stock soars despite missing Q4 earnings, as the company plans to boost stock buybacks and forecasts a strong 2024.

Tidewater (NYSE:TDW) +14.1% in Friday's trading, touching a 52-week intraday high of $83.15, despite missing Q4 GAAP earnings expectations but confirming full-year guidance and planning to boost stock buybacks.Q4 net income more than tripled to $37....

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