Why Castor Maritime Stock Popped This Morning, Then Dropped
Shares of dry bulk shipping stock Castor Maritime (NASDAQ: CTRM) rushed out of the gate this morning, running ahead more than 9% before stumbling, retreating, and giving up most of its gains.
As of 10:15 a.m. EDT, Castor Maritime is hanging onto a 3% gain -- but why did it rise in the first place?
Image source: Getty Images.
Source Fool.com