Diana Shipping warns Genco shares could fall to $17.50 without offer
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/2/2026
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Oil prices jump 4% as fresh US-Iran fighting stokes supply fears
- Two Saudi tankers struck in Strait of Hormuz Monday
- Dell again lifts annual forecasts as AI demand powers record results
- Fed’s Barr backs rate hike if inflation fails to cool, September odds hit 66%
- GoPro to merge with Starman Optical in $285M recapitalization deal
- GoPro (GPRO) Halted, News Pending
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Gap taps Coach architect Reed Krakoff for $29.95-$498 handbag line
- Comstock Resources signs $1.65B deal with SOCAR, $450M JV
Diana Shipping Inc. Cautions of Significant Downside Risk in Genco’s Share Price
May 18, 2026 7:05 AM EDTGenco's Current Share Price Is Artificially Inflated and if Diana's $23.50 Per Share Offer is Taken Off the Table Could Decline to Approximately $17.50 Per Share, Reflecting Persistent Discount to NAV at Which It Has Historically TradedÂ
Diana Has Sold a Portion of Shareholdings at Inflated Price
Urges Genco Shareholders to Protect the Value of Their Investment by Voting the GOLD Universal Proxy Card FOR Diana's Six Independent Director Nominees at the 2026 Annual Meeting
ATHENS, Greece, May 18, 2026... More
