Dry Bulk Shipping Stocks Surging Higher Today (DRYS, TBSI, SBLK, EGLE)

Today, stocks in the dry bulk shipping sector are receiving a boost as the Dry Bulk Index is surging today. Stocks in this sector have been very week over the last month, but today investors are rewarding these stocks with gains as high as 30%.

• DryShips (Nasdaq: DRYS) up 31% to $3.66
  
• Eagle Bulk Shipping (Nasdaq: EGLE) up 34% to $3.98
  
• Star Bulk Carriers (Nasdaq: SBLK) up 21% to $1.47
  
• Diana Shipping (NYSE: DSX) up 14% to $12.20
  

Most of the stocks in this sector are trading close to their 52-week lows. These stocks tumbled when the commodity sector got smashed, so they'll need a lot more days like today, to return to their levels they were trading at just a year ago.

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