Eagle Bulk (EGLE) Strongly Higher Following Credit Amendments
Tweet
Share
E-mailGet Alerts EGLE Hot Sheet
Join SI Premium – FREE
Eagle Bulk Shipping (Nasdaq: EGLE) shares are indicated for a much higher open Thursday following news it entered into an amendment with a syndicate of lenders over more favorable credit terms and requirements.
The stock looks to be above 20 percent higher in early trading, as shares look to get back to the $9 to $10 level they were at in February and March.
Implied volatility was lower heading into the amended terms.
The stock looks to be above 20 percent higher in early trading, as shares look to get back to the $9 to $10 level they were at in February and March.
Implied volatility was lower heading into the amended terms.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Trump: Iran conflict is working out very well, talks going on at request of Iran
- Amgen (AMGN) call put ratio 1 call to 2 puts into quarter results
- Gilead Sciences (GILD) call put ratio 3.2 calls to 1 put into quarter results
Create E-mail Alert Related Categories
Insiders' Blog, Momentum MoversRelated Entities
OptionsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
