Eagle Bulk Shipping Inc. Completes Transfer of Listing to the New York Stock Exchange
Rhea-AI Summary
Eagle Bulk Shipping Inc. has successfully transferred its stock listing to the New York Stock Exchange (NYSE) from the Nasdaq Global Select Market.
The shares will begin trading on the NYSE under the existing ticker symbol EGLE starting January 4, 2023. This transition marks a significant milestone for Eagle, known for its robust fleet in the midsize drybulk vessel sector, catering to a diverse clientele worldwide. The company is headquartered in Stamford, Connecticut, and maintains offices in Singapore and Copenhagen.
Positive
- Successful transfer to the New York Stock Exchange, potentially enhancing accessibility and visibility of the stock.
- Continued trading under existing ticker symbol EGLE, ensuring consistency for investors.
Negative
- None.
News Market Reaction – EGLE
In the trading session that priced this news, EGLE declined 1.46%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
STAMFORD, Conn., Jan. 04, 2023 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NYSE: EGLE) (“Eagle Bulk”, “Eagle”, or the “Company”), one of the world’s largest owner-operators within the midsize drybulk vessel segment, today announced that it has completed the transfer of its stock listing to the New York Stock Exchange (“NYSE”) from the Nasdaq Global Select Market (“Nasdaq”).
Eagle shares will start trading on the NYSE when the market opens on January 4, 2023, under the existing ticker symbol, “EGLE”.
About Eagle Bulk Shipping Inc.
Eagle Bulk Shipping Inc. (“Eagle” or the “Company”) is a US-based fully integrated shipowner-operator providing global transportation solutions to a diverse group of customers including miners, producers, traders, and end users. Headquartered in Stamford, Connecticut, with offices in Singapore and Copenhagen, Eagle focuses exclusively on the versatile midsize drybulk vessel segment and owns one of the largest fleets of Supramax / Ultramax vessels in the world. The Company performs all management services in-house (including: strategic, commercial, operational, technical, and administrative) and employs an active management approach to fleet trading with the objective of optimizing revenue performance and maximizing earnings on a risk-managed basis. For further information, please visit our website: www.eagleships.com.
Investor and Media Contact
investor@eagleships.com
+1 203 276 8100
