Simmons & Co Downgrades Hercules Offshore To Underweight

Simmons & Co downgraded Hercules Offshore, Inc. (NASDAQ: HERO) from Neutral to Underweight. Hercules Offshore shares have dropped 86.41 percent over the past 52 weeks, while the S&P 500 index has surged 7.19 percent in the same period. Hercules Offshore shares fell 66.05 percent to $0.226 in pre-market trading.