Why Safe Bulkers, Star Bulk, and Danaos Corporation Stocks All Jumped Today
Shares of dry bulk shipping stocks are on a tear this Monday morning. In 11:25 a.m. trading, Safe Bulkers (NYSE: SB) stock is up 10%, Danaos Corporation (NYSE: DAC) is up 10.1%, and Star Bulk Carriers (NASDAQ: SBLK) is leading the whole pack higher with an 11.8% gain.
And why? The "BDI." That's why.
Image source: Getty Images.
Source Fool.com
