$1.85
0.15 (+8.82%)
Eagle Bulk Shipping, Inc. (NASDAQ:EGLE)
CAPS Rating:
The Company is engaged in the ocean transportation of a range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes.
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With the global economy shutting down - imports and exports are falling off a cliff everywhere - EGLE will suffer. After the short squeeze and 'euphoria' buying over the last two months, it's a great time for a red thumb!