DryShips (DRYS) Pops Following Positive German Vote on Spanish Bank Bailout
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/10/2026
- Wall Street posts weekly gains with earnings, inflation data on tap
- Oil prices settle higher as more production shut ahead of hurricane
- Apple cuts iPhone 18 Pro orders due to soft demand, Nikkei Asia reports
- UBS flags level in gold prices where dip buyers will likely emerge
- Telecom stocks tumble on SpaceX spectrum acquisition news
Tweet
Share
E-mailGet Alerts DRYS Hot Sheet
Join SI Premium – FREE
DryShips (Nasdaq: DRYS) shares are markedly higher on the session amid a slumping Baltic Dry Index reading, as German Chancellor Angela Merkel and German lawmakers approved the bailout of Spanish banks.
The lower-house voted 473 to 97 in favor of the bailout, which might require funds up to €100 billion for the banks.
Shares of DryShips were lower ahead of the spike.
Thursday, the BDI is off about 19 points Thursday, or 1.7 percent.
The lower-house voted 473 to 97 in favor of the bailout, which might require funds up to €100 billion for the banks.
Shares of DryShips were lower ahead of the spike.
Thursday, the BDI is off about 19 points Thursday, or 1.7 percent.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Lumentum's optical components sold out through early 2029: CEO
- Seagate Falls 9%, Western Digital Down 6%
- Musk rules out TSMC role in Terafab operations; Intel gains
Create E-mail Alert Related Categories
Insiders' Blog, Momentum MoversSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
