|Day Low/High||0.00 / 0.00|
|52 Wk Low/High||0.00 / 0.00|
NewLead Holdings (NEWL) stock is lower in after-hours trading following a judge's decision to deny the company its preliminary injunction attempting to stop Ironridge Global IV from obtaining additional shares of NewLead.
Shares of NewLead (NEWL) are up over 40% after the Greek shipping company announced that the company was granted a Temporary Restraining Order against Ironridge Global IV, Ltd. prohibiting the further issuance of common shares in payment of dividends on Series A Preference Shares of NewLead.
NewLead Holdings (NEWL) continued to plunge Monday on high volume after last week's gains.
NewLead Holdings (NEWL) dropped off Thursday after shares of the shipping company had soared for three consecutive days.
NewLead Holdings (NEWL) continued to soar Wednesday after the shipping company's announcement on Monday of delivery of one eco-type handysize vessel.
The shorts have been loving this stock and its ugly chart -- but that could be about to change.
NewLead Holdings (NEWL) stock is extending its rally through to Tuesday's session. By market open, shares had surged 24.6% to $2.45.
Shares of FreeSeas (FREE) are gaining Monday following the arrival of NewLead's (NEWL) new vessel.
NewLead Holdings (NEWL) stock is soaring Monday after the shipper announced its eco-type handysize vessel, Newlead Albion, had been delivered to the NewLead fleet.
Shares of NewLead Holdings (NEWL) are down -48.49% after the Greek international shipping company announced a 1-for-50 reverse stock split of its common shares.
NewLead Holdings (NEWL) soared on Friday after the international shipping company announced it would purchase two bulk carriers for $37.0 million. The company has agreed to buy two eco-type 31,800 deadweight tonnage Handysize bulk carriers built in 2012. NewLead expects delviery of the two vessels by the end of June and July. Upon their receipt, NewLead would own five dry-bulk vessels, including three Handysize and two Panamax vessels.
A strong week for Star Bulk, FreeSeas, NewLead, Seanergy and Eagle Bulk could suggest a bullish outlook for shipping.
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.