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.
Four powerful forces combined to send DryShips on an epic ride.
Things are getting really crazy in the world of shipping stocks.
One-day gains hit the 250% mark for some stocks.
These six charts make the containership-leasing company’s business model pretty easy to understand.
A flat dividend in 2016 might provide a hint on the direction the containership leasing company’s dividend goes next year.
The containership owner continues to navigate the storms in the shipping market.