DryShips Inc. (NASDAQ: DRYS) is challenging the $7.00-mark again this morning. Some of this move is being tied to part of the Baltic Dry index, but shares were actually very active yesterday as well with a gain of more than $0.50 to $6.77 on 31 million shares. At 9:07 AM EST we have seen 755,000 shares trade hands and the stock is up 3.4% at $7.00.
This used to be a $100+ stock back in the day, but the official 52-week high is now ‘only’ $17.35.
JON OGG
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