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Stock impact report

Why Star Bulk Carriers Stock Jumped 10% Today [The Motley Fool]

Star Bulk Carriers Corp. - Common Shares (SBLK) 
Last star bulk carriers corp. - common shares earnings: 2/19 05:44 pm Check Earnings Report
US:NASDAQ Investor Relations: starbulk.com/en/investor-relations
Company Research Source: The Motley Fool
Here's a hint: The Baltic Dry Index is setting new records. Rich Smith ( TMFDitty ) Nov 27, 2018 at 11:52PM What happened Shares of Star Bulk Carriers ( NASDAQ:SBLK ) stock surged to close 9.6% higher on Tuesday. While there was no Star Bulk-specific news to explain the shares' rise, it's still not difficult to figure out the story behind this one: Star Bulk Carriers carries bulk goods, the price of carriage of which is tied to the Baltic Dry Index (BDI) -- and right now, the BDI is on fire. Star Bulk Carriers stock is leaving port -- but there still may be time for investors to load up. Image source: Getty Images. So what Just four days ago, Reuters reported  a 75-point, or 7.4%, rise in the BDI to 1,093 as having been the index's biggest one day percentage gain since Nov. 17, 2016. Four days later, the BDI just beat that record Show less Read more
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