Traders Watch DryShips (DRYS), Paragon (PRGN), Others; BDI Closes 1.4% Lower

July 23, 2012 8:08 AM EDT
DryShips Inc (Nasdaq: DRYS), FreeSeas (Nasdaq: FREE), Seanergy Maritime (Nasdaq: SHIP), Paragon Shipping (Nasdaq: PRGN), and others will be on traders radars Monday, following index news.

Market data has the Baltic Dry Index closing 1.4 percent to 1,022 today. The Supramax Index fell 1.5 percent to $12,268/day, while the Panamax Index dropped 1.9 percent to $9,044/day.

In early action, DryShips is indicated about 0.9 percent lower. Others are relatively flat.


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