Why Global Ship Lease Shares Are Up Today
One Wall Street analyst is bullish on the company's expansion plans.
Global Ship Lease Inc. owns a fleet of modern containerships of diverse sizes and charters the vessels out under long-term fixed-rate charters to reputable container shipping companies.
One Wall Street analyst is bullish on the company's expansion plans.
The container ship owner is selling shares into a rally.
Global Ship Lease surged nearly 12% yesterday, and is up again after its announced plans to issue more debt.
Despite the S&P 500 slumping to its worst losses in five weeks, NorthStar Realty Finance, Select Medical, and Global Ship Lease all advanced by double digits.
Are these stocks ready to take on the market in a rubber match?
$600 million in debt and one customer's financial woes could cripple this shipper.
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