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DryShips (DRYS), FreeSeas (FREE), Eagle Bulk Shipping (EGLE) and Genco Shipping & Trading (GNK) were rallying on Thursday.
Regardless of the reason behind it, when a stock makes a large-percentage move, it is often just the start of a new major trend -- a trend that can lead to huge profits.
Wells Fargo numbers reduced at Morgan Stanley. Chipotle target raised at Goldman to $350.
A host of dry-bulk shipping companies are facing a credit crunch, according to one shipping-equities analyst who downgraded a slew of names Monday.
DryShips shares fall sharply amid heavy volume after announcing the purchase of 12 oil tankers from a Korean shipbuilder.
DryShips says the private offering of its offshore drilling subsidiary, Ocean Rig UDW, is priced at $17.50 per share.
DryShips shares continue to soar Monday after the drybulk shipper announced Friday its offering of shares by subsidiary Ocean Rig to raise $500 million.
Diana Shipping shares soar as Goldman Sachs initiates coverage with a buy rating.
DryShips trades higher Monday after its subsidiary, Ocean Rig UDW, inked a 2-well exploration deal valued at $77 million.
DryShips surpasses estimates on drillships strength and investors bid up the stock afterhours.
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