Shares of Seadrill (SDRL) were down by 5.04% to 78 cents in early trading on Wednesday morning.

Read The Full Story Here: Seadrill Stock Slipping Wednesday Following Yesterday's Surge

This article was written by a staff member of TheStreet.

More from Video

Tilray CEO: IPO Marks the Mainstreaming of Cannabis Industry

Tilray CEO: IPO Marks the Mainstreaming of Cannabis Industry

Tilray CEO: Surging Cannabis Industry Is a Threat to Food and Drug Players

Tilray CEO: Surging Cannabis Industry Is a Threat to Food and Drug Players

What's My Data Doing in the Cloud? -- 60 Seconds

What's My Data Doing in the Cloud? -- 60 Seconds

Jim Cramer on Google Cloud vs. IBM Cloud

Jim Cramer on Google Cloud vs. IBM Cloud

Jim Cramer on What's Next for U.S.-China Trade Relations

Jim Cramer on What's Next for U.S.-China Trade Relations