3 Ultra-Popular Stocks Destroying Shareholder Value [The Motley Fool]
Castor Maritime Inc. - Common Shares (CTRM)
Company Research
Source: The Motley Fool
There are a lot of ways to raise money on Wall Street. Profitable businesses can use their operating cash flow to fund day-to-day activities and projects. Meanwhile, profitable and unprofitable companies might have the option of turning to the credit market or taking out a traditional loan with a financial institution to raise capital. But another option exists, and it's not the friend of shareholders.A common way young or struggling businesses will raise capital on Wall Street is by selling stock (occasionally with accompanying warrants) or issuing debt that can be converted into common stock at some point in the future. While this is often an effective way of putting cash on the balance sheet, it can be extremely detrimental to shareholders if abused over time. A company that's continually issuing common stock threatens to dilute the value of its existing shareholders.The following trio of ultra-popular stocks are among the market's worst share-based diluters.Image source: Getty Ima
Show less
Read more
Impact Snapshot
Event Time:
CTRM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CTRM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CTRM alerts
High impacting Castor Maritime Inc. - Common Shares news events
Weekly update
A roundup of the hottest topics
CTRM
News
- Castor Maritime Inc. Announces Tender Offer to Purchase its Outstanding Common Share Purchase Warrants Issued on April 7, 2021GlobeNewswire
- Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic Nebula [Yahoo! Finance]Yahoo! Finance
- Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic NebulaGlobeNewswire
- Castor Maritime Inc. Announces Compliance with Nasdaq Minimum Bid Price RequirementGlobeNewswire
- Castor Maritime Inc. Announces Reverse Stock Split to be Effective March 27, 2024GlobeNewswire
CTRM
Sec Filings
- 4/22/24 - Form SC
- 4/22/24 - Form 6-K
- 4/22/24 - Form SC
- CTRM's page on the SEC website