Dry Bulk Sector Rallies With Broader Commodies (DRYS, TK, DSX, more)
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The dry bulk shipping sector surged with the rest of the commodities complex today, benefiting as investors took hopefully bets that the economy has now slowly but surely returned to growth.
Here is how some stocks in the sector finished off today's trading session:
Here is how some stocks in the sector finished off today's trading session:
- DryShips (Nasdaq: DRYS) - up 6.7% to $7.48
- Teekay (NYSE: TK) - up 4.3% to $21.64
- Diana Shipping (NYSE: DSX) - up 3.6% to $14.52
- Overseas Shipholding (NYSE: OSG) - up 5% to $40.47
- Genco Shipping (NYSE: GNK) - up 3.8% to $23.18
- Seaspan (NYSE: SSW) - up 7.8% to $9.55
- Navios Maritime (NYSE: NM) - up 4.7% to $5.40
- Danaos (NYSE: DAC) - up 28.9% to $5.57
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