Castor Maritime goes for 1-for-10 reverse stock split May 21 2021 - 05:25PM Seeking Alpha To read the full story on Seeking Alpha, click here. Reddit Stocks: How to Become a Millionaire With Meme Investing. Despite its reverse split on May 28, the death spiral of Castor Maritime Inc. (NASDAQ: CTRM) continues. TOPS: 40M. Get the hottest stocks to trade every day before the market opens 100% free. a prospectus supplement (the "Prospectus") providing for at-the-money issuance of up to $300 million of common shares. The Cyprus-based company has acquired 20 vessels in 2021, mostly funded by raising cash through share offerings resulting in further dilution. May 21, 2021 2:00 PM PDT. May 26, 2021 ProShares Ultra VIX Short-Term Futures ETF (UVXY) performed a 1:10 reverse split, clients will receive one shares for … TRST - TrustCo Bank Corp NY - had a 1 for 5 reverse split. The Castor Maritime Inc. stock price gained 2.74% on the last trading day (Tuesday, 25th May 2021), rising from $0.36 to $0.37.During the day the stock fluctuated 16.67% from a day low at $0.36 to a day high of $0.42. Date. It is based on a 60-month historical regression of the return on the stock onto the return on the S&P 500. You may as well fill a bucket with your CTRM investment money, pour gasoline on it, … Tags AEHL BZI/TFM Markets. The Castor Maritime Inc. stock price gained 0.50% on the last trading day (Monday, 26th Jul 2021), rising from $2.01 to $2.02.During the day the stock fluctuated 7.20% from a day low at $1.97 to a day high of $2.11.The price has fallen in 5 of the last 10 days and is down by -11.01% for this period. Announces Reverse Stock Split to be Effective May 28, 2021. Jul. The Reverse Split Castor announced that it will be doing a 10-for-1 reverse split on Friday, May 28. Discussion. LIMASSOL, Cyprus, May 21, 2021 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that its board of directors (the “Board”) has determined to effect a 1-for-10 reverse stock split of the Company's common shares. Read more on seekingalpha.com. The reverse stock split will take effect, and the Company's common shares will begin trading on a split-adjusted basis on the Nasdaq Capital Market ("Nasdaq") as of … Tickers AESE BORR CTRM CYRN. General Electric Co. GE, +2.53% said Wednesday that its board of directors will recommend shareholders approve a 1-for-8 reverse stock split, given the industrial conglomerate's "significant transformation" over the past several years. For example, a 1000 share position pre-split, became a 971 share position following the split. The reverse stock split will take effect and the company’s common shares will begin trading on a split-adjusted basis on the Nasdaq Capital Market as of the opening of trading on May 28, 2021. The firm had 10.00 - 1.00 split on the 28th of May 2021. It provides seaborne transportation services for dry bulk cargo, including iron ore, coal, grains, steel products, fertilizers, cement, bauxite, sugar, and scrap metals. CTRM Castor Maritime $2.77 / -0.015 (-0.54%) 06/17/21 Castor Maritime announces new charter agreement, delivery of M/T Wonder Musica 05/25/21 Castor Maritime delivers M/V Magic Nebula, M/T Wonder Vegas, M/V Magic Starlight 05/21/21 Castor Maritime to effect 1-for-10 reverse stock split … The latest news story on CTRM appeared in GlobeNewswire under the title “Castor Maritime Inc. DD. CTRM - Castor Maritime Inc - had a 1 for 10 reverse split. Anyone who still has faith is beyond emotionally attached, all the CTRM stockholders are like swim fans at this point. 100% Upvoted. A regular split increases the share count and lowers the stock price, while a reverse split decreases the share count and raises the stock price. The number of shares owned by shareholders will be adjusted after the market closes on Thursday, May 27th. Pure and simple, CTRM is a dud, despite delivering a profitable Q1 2021, the company’s first since 2019. In comparison (# of shares): CTRM (now): 508.51M. To satisfy compliance with Nasdaq's $1 minimum bid price, Castor Maritime (NASDAQ: CTRM) announces a 1-for-10 reverse stock split of its common shares. SBLK is also down, but a more palatable 13.9%. CTRM traded down $0.06 during midday trading on Monday, hitting $0.36. 1 for 7. In a reverse stock split, the net effect is exactly the opposite of a stock split. Press Release Castor Maritime Inc. Anyone who still has faith is beyond emotionally attached, all the CTRM stockholders are like swim fans at this point. Castor Maritime to Initiate 1-for-10 Reverse Stock Split 4:32AM ET 5/24/2021 MT Newswires. 3, 2021 - Castor Maritime's Capital Raise Benefits the CEO and No One Else InvestorPlaceinvestorplace.comCastor Maritime's Capital Raise Benefits the CEO and No One Else - InvestorPlace; Jul. Stock split history for Castor Maritime since 2021. Castor Maritime goes for 1-for-10 reverse stock split May 21 2021 - 05:25PM Seeking Alpha To read the full story on Seeking Alpha, click here. Company Name. LIMASSOL, Cyprus, May 21, 2021 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that its board of directors (the “Board”) has determined to effect a 1-for-10 reverse stock split of … Press Release Castor Maritime Inc. TrustCo Bank Corp NY (TRST) performed a 1:5 reverse split, clients will receive one shares for every five shares of VIXY owned. … Flip. The company’s stock price has collected 7.63% of gains in the last five trading sessions. However, with its reverse stock split, the numbers of shares have effectively reduced from around 899.6 million to 90 million. Over the past year, the stock has moved down 54% and almost 70% in the past quarter. The CUSIP number of Y1146L125 will be assigned to the company’s common shares when the reverse stock split becomes effective. Share. SL Green Realty (SLG) has 1 split in our SLG split history database. July 12, 2021. Jul 1, 2021. Capital Senior Living (NYSE: CSU) is taking action to boost its stock price months after disclosing it was in danger of being delisted on the New York Stock Exchange. Type. Looking at the Castor Maritime stock split history from start to finish, an original position size of 1000 shares would have turned into 1000 today. The reverse stock split will take effect on May 28, 2021, and will reduce the number of outstanding common shares from approximately 899.6 million shares to approximately 90.0 million shares. CTRM 2.02 0.01 (0.50%). Once the split is done, CTRM stock will lose that feature. Announces Reverse Stock Split to be Effective May 28, 2021” on May-21-21. Pure and simple, CTRM is a dud, despite delivering a profitable Q1 2021, the company’s first since 2019. Castor Maritime Inc. As I write this, it’s around $2.15, down around 40%. For prior years see complete reverse stock split history across our coverage universe. 2021-03-10. GlobeNewswire +9.01%. The short volume ratio is the highest since May 25 on a reverse split-adjusted basis. The company has established precedence of continuous dilution in … Provided by GlobeNewswire. You could ask me 10 times which is the better buy and you’d get the same answer every time. LIMASSOL, Cyprus, May 21, 2021 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that its … DD. A reverse split for CTRM stock helps with Nasdaq, but doesn't likely change outlook for the shipper May 24, 2021 By Robert Lakin , InvestorPlace Contributor May 24, 2021, 9:33 am EDT May 24, 2021 ET ... XAN - Exantas Capital Corp - had a ticker change to ACR, and a 1 for 3 reverse split. Castor Maritime Inc., through its subsidiaries, engages in ocean transportation of dry bulk cargoes worldwide. The 1-10 reverse split was announced on Friday, May 21st 2021. At the time, CTRM was trading at $3.35. Announces Reverse Stock Split to be Effective May 28, 2021 GlobeNewswire Inc. - 5/21/2021 5:00:00 PM 2018 - Dec. The Company's shareholders approved the reverse stock split by a ratio of… Castor Maritime was incorporated and took ownership of its first vessel, Magic P, in September 2017. CTRM Stock Isn’t Nearly As Overvalued As Before. Announces Reverse Stock Split to be Effective May 28, 2021. The reverse stock split will take effect, and the Company's common shares will begin trading on a split-adjusted basis on the Nasdaq Capital Market ("Nasdaq") as of the opening of trading on May 28, 2021. The CUSIP number of Y1146L125 will be assigned to the Company's common shares when the reverse stock split becomes effective. Delisted. Entered NOTC under the ticker “CASTOR”. 02/16/2021. Stock. Castor Maritime Inc., through its subsidiaries, engages in ocean transportation of dry bulk cargoes worldwide. LIMASSOL, Cyprus, Dec. 30, 2020 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a global shipping company specializing in the ownership of … Castor Maritime Inc. (NASDAQ: CTRM) Shares of Castor Maritime Inc. are seeing very high volume as of early morning trading alongside a major bear run. Took delivery of Wonder Musica. Announces Reverse Stock Split to be Effective May 28, 2021 Published: May 21, 2021 at 5:00 p.m. The split for SLG took place on January 21, 2021. This shit is below $2 now after a fucking 10/1 reverse split. LIMASSOL, Cyprus, May 21, 2021 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that its board of directors (the “Board”) has determined to effect a 1-for-10 reverse stock split of the Company's common shares. This shit is below $2 now after a fucking 10/1 reverse split. You may as well fill a bucket with your CTRM investment money, pour gasoline on it, … However, with its reverse stock split, the numbers of shares have effectively reduced from around 899.6 million to 90 million. Stock split history for Castor Maritime since 2021. This has everything to do with the 1-for-10 reverse stock split that the company announced during after-hours on Friday. The reverse split in CTRM stock is a headwind, while increase in debt creates risks should shipping activity suddenly worsen. Prices shown are actual historical values and are not adjusted for either splits or dividends. Announces Reverse Stock Split to be Effective May 28, 2021.. Get the hottest stocks to trade every day before the market opens 100% free. Castor Maritime goes for 1-for-10 reverse stock split Seeking Alpha - 5/21/2021 5:25:46 PM: Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) Edgar (US Regulatory) - 5/21/2021 5:08:22 PM: Castor Maritime Inc. The stock was under pressure past week following reverse split news and on Thursday, CTRM stock fell about 15% to close at $3.05. Announces Reverse Stock Split to be Effective May 28, 2021. The entity had not issued any dividends in recent years. You may as well fill a bucket with your CTRM investment money, pour gasoline on it, … The number of outstanding shares decreases while the price per share increases by the same factor. 09/16/2020. This shit is below $2 now after a fucking 10/1 reverse split. Dry bulk shipping isn’t a very glamorous business, after all. And let’s face it, without the trading angle, Castor wouldn’t hold much appeal. Press Release reported on 05/21/21 that Castor Maritime Inc. Announces Reverse Stock Split to be Effective May 28, 2021. View CTRM's stock price, price target, earnings, forecast, insider trades, and news at MarketBeat. CTRM’s share count has increased exponentially in the past year, growing by more than 500%. However, CTRM stock isn't very popular on WallStreetBets right now. ACHV Split History. Volume has increased on the last day by 2 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 6 million shares were bought and sold for approximately $19.61 million. CTRM stock : Related News. This chart teaches an important lesson about the … LIMASSOL, Cyprus, May 21, 2021 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that its board of directors (the “Board”) has determined to effect a 1-for-10 reverse stock split of the Company's common shares. Announces Reverse Stock Split to be Effective May 28, 2021. The company […] Castor Maritime (NASDAQ: CTRM) stock has been falling slightly in the past two months, but this situation might reverse after the company released its results for the first quarter of 2021 on June 3.. Post-Market 0.00 (0.00%) 5 Stocks Under $10 That Are Poised to Take Off Symbol. Please see the "Historical Prices" tab for adjusted price values. Business. From InvestorPlace. A list of recent reverse stock splits completed in 2020 and 2021. 7 Robinhood Stocks To Buy For Under $5. The company report on May 22, 2021 that Castor Maritime Inc. The reverse split in CTRM stock is a headwind, while increase in debt creates risks should shipping activity suddenly worsen. Latest stock splits. The reverse stock split will take effect and the company’s common shares will begin trading on a split-adjusted basis on the Nasdaq Capital Market as of the opening of trading on May 28, 2021. $18.0 million debt financing ... Best reopening penny stocks for your 2021 watchlist The post 4 Reopening Penny Stocks For Your 2021 Watchlist appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com. Date. You may as well fill a bucket with your CTRM investment money, pour gasoline on it, … This means that someone holding, say, 1,000 shares at 40 cents each would own 100 shares at … At the time, CTRM was trading at $3.35. 31 mins #CTRM stock reverse stock split this week!! CTRM is falling due to the news of a reverse stock split. ONTX also fell on the reverse stock split announcement. General Electric tumbled when it announced a reverse stock split in March 2021. Log in or sign up to leave a comment Log In Sign Up. Shares of Castor Maritime (NASDAQ:CTRM) plunged 14.2% on Monday after the shipping company said it would conduct a 1-for-10 reverse stock split. So what. The split will take effect on May 28. The Company has been aggressive in acquiring new ships as it grows its fleet to 26 vessels. The company has established precedence of continuous dilution in … The Company's shareholders approved the reverse stock split by a ratio of… At this juncture, we maintain our Neutral call on DRB with unchanged SOTP-target price of RM2.19. 11 Industrials Stocks Moving In Monday's Intraday Session. A third popular Robinhood stock that looks as if it'll eventually need a reverse split to right the ship is clinical-stage veterinary drug ... Returns as of 07/27/2021. This was a 971 for 1000 reverse split, meaning for each 1000 shares of SLG owned pre-split, the shareholder now owned 971 shares. Announces Reverse Stock Split to be Effective May 28, 2021 CTRM announced that its board of directors (the “Board”) has determined to effect a 1-for-10 reverse stock split of the Company’s common shares. CTRM (pre-2021): 131M. The reverse split in CTRM stock is a headwind, while increase in debt creates risks should shipping activity suddenly worsen. When the reverse stock split becomes effective, every 10 of the Company's issued and outstanding common shares will be combined into one issued … Tags BORR SENS TNXP. Please see the "Historical Prices" tab for adjusted price values. Castor Maritime Inc. Like. Castor Maritime goes for 1-for-10 reverse stock split Seeking Alpha - 5/21/2021 5:25:46 PM: Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) Edgar (US Regulatory) - 5/21/2021 5:08:22 PM: Castor Maritime Inc. The move is the latest for the company, which has been in the midst of an ongoing turnaround effort that involves operational changes and a restructuring of its portfolio. There's no doubt that meme investing can be risky. [Author's Note: CTRM executed a 1 for 10 reverse split on 5/28/21. I'm super-bullish on CTRM, but after the many offerings in the past 12 months, there's sooooo many shares, it's like moving mountains to push the price up. Exantas Capital Corp - had a ticker change to ACR, and at... 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Ctrm stockholders are like swim fans at this point answer every time on May 22, 2021 with., May 27th 40 % collected 7.63 % of gains in the past year, the company during! Corp - had a ticker change to ACR, and news at MarketBeat WallStreetBets right now supplement... Was adjusted after the split for SLG took place on January 21, 2021 Published: May 21,.. S face it, … DD 2021, the company report on May 21, 2021 11:59 PM shareholders adjusted. Adjusted after the split How to Become a Millionaire with Meme Investing can be risky not bad... Simple, CTRM stock reverse stock split, the stock has moved down 54 and! For approximately $ 19.61 million 2021. newsfilter.io/articl... 0 comments without the trading angle, Castor wouldn ’ Nearly. Much appeal is based in Limassol, Cyprus split of the return on the s & P.... Adjusted … et pure and simple, CTRM is a dud, despite a... And is based on a reverse stock split, the numbers of shares owned shareholders.
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