Bristow Group Inc. shares fall 2.19% intraday as Skanska begins demolition of its building in Farmville, Virginia.

Bristow Group Inc. declined 2.19% in intraday trading, with the company's stock price dropping following the announcement that Skanska has signed a contract with Longwood University to construct a new performing arts center in Farmville, Virginia. The project includes the demolition of the existing Bristow building, which may have contributed to the negative sentiment surrounding the stock.