NasdaqGS:SBLKShipping
Star Bulk Carriers (NasdaqGS:SBLK) Sees 7% Decline Following Mixed Earnings Report
Star Bulk Carriers (NasdaqGS:SBLK) saw a 7% decline in share price last quarter, amid several impactful events. The company's decision to decrease its quarterly dividend to $0.09 per share, coupled with a mixed earnings report—where revenue increased yet diluted EPS fell—likely dampened investor enthusiasm. Additionally, the repurchase of 893,474 shares during this period was significant, although the broader market decline influenced by global trade tensions may have overshadowed this...