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Why These 4 Dry Bulk Shippers Soared Today

By | More Articles
May 21, 2012 | Comments (0)

Finally, markets had a good day today, with all three major indices up over 1% and the tech-heavy Nasdaq advancing 2.46%. In particular, four dry-bulk shippers were up big on the day.

Company

Percent Change
Navios Maritime Partners (NYSE: NMM  ) 8.97%
Diana Shipping (NYSE: DSX  ) 8.33%
DryShips (Nasdaq: DRYS  ) 5.14%
Navios Maritime Holdings (NYSE: NM  ) 5.00%

The main reason for these dry bulk shippers’ advance was positive news out of China, in which Premier Wen Jiabao suggested that the government will focus more on a more pro-growth agenda. Check out the following video for more on these dry bulkers’ big day today.

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Brendan Byrnes owns no shares of any company mentioned above. The Motley Fool has a disclosure policy. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.


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Today's Market

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DOW 15,303.10 8.60 0.06%
S&P 500 1,649.60 -0.91 -0.06%
NASD 3,459.14 -0.28 -0.01%

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Related Tickers

5/24/2013 4:02 PM
NM $5.28 Up +0.24 +4.76%
Navios Maritime Ho… CAPS Rating: ****
NMM $14.77 Up +0.01 +0.07%
Navios Maritime Pa… CAPS Rating: *****
DRYS $1.91 Down +0.00 +0.00%
DryShips, Inc. CAPS Rating: ***
DSX $10.06 Down -0.17 -1.66%
Diana Shipping, In… CAPS Rating: ****

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