DryShips and Star Bulk Carriers are making waves in the shipping market today.
The dry bulk shipper was one of several that raised equity capital from outside investors over the past few months.
And, more important, why this stock surge can't last.
And more importantly -- why this stock surge cannot last.
The owner of oceangoing vessels is expected to report its fourth-quarter results on Feb. 7.
Frontline limited is buying DHT Holdings, Costamare gets downgraded, and DryShips surges because...
An analyst upgrade had a big impact on shipping stocks today, but should it have?
Its stock is down 40% to start the year after announcing a new credit facility, which it immediately used to diversify away from the volatile dry bulk market.
While the dry bulk shipper has undergone a dramatic balance-sheet transformation this year, it has not cleared up every concern.
Shares of the dry bulk carrier are down more than 70% after their post-election meteoric rise.