Why Castor Maritime Stock Popped After Earnings

Investors in Castor Maritime (NASDAQ: CTRM) stock are having a very good day Thursday.

In 10:10 a.m. EDT trading, shares of the dry bulk shipper jumped a solid 18.5% in response to news that Castor had finally become profitable again -- after four straight quarters of trying and failing.  

Image source: Getty Images.

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Source Fool.com