Navios Maritime 1Q Profit Falls Almost 16 Percent
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Navios shares fell 30 cents, or 6.4 percent, to $4.42 in afternoon trading.
Lazard Capital Markets analyst Urs Dur wrote in a note that the Navios share price weakness on Thursday "does not appear related to quarterly results, but rather to a broader market pullback. The dry bulk sector appears on track for the moderate recovery we have been expecting for some time and Navios appears well positioned after 1Q results."- Loading Comments...
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