Why Star Bulk Carriers Stock Popped Today

Shares of ocean-going dry bulk cargo shipper Star Bulk Carriers (NASDAQ: SBLK) stock climbed on Thursday to close up 10% after reporting a massive increase in earnings year over year in its fiscal fourth quarter 2021.

Instead of the $0.30 per share Star Bulk earned in Q4 2020, this time around Star Bulk earned $2.96 per share --nearly tenfold growth.

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Source Fool.com