Genco Shipping & Trading (GNK) NewsBite - Downgrade Sinks GNK
Posted on September 05, 2008 at 10:28 AM EDT
Genco Shipping & Trading (GNK) was downgraded today by analysts at Lazard Capital and the stock is now at $46.29, down $4.71 (-9.24%) on volume of 1,347,065 shares traded. The brokerage firm downgraded the stock to "Hold" from "Buy." Over the last 52 weeks the stock has ranged from a low of $33.39 in January to a high of $84.51 in May. Genco Shipping & Trading stock has been show...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)
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