Posted On: 11/10/2016 3:11:46 PM
Post# of 22894
$DRYS had two reverse splits and had a large short position
ATHENS, Greece (AP) _ DryShips Inc. (DRYS) on Wednesday reported a loss of $5.2 million in its third quarter.
On a per-share basis, the Athens, Greece-based company said it had a loss of $7.70.
The operator of oil rigs and dry cargo carriers posted revenue of $12.1 million in the period.
DryShips shares have fallen 98 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.10, a decline of 98 percent in the last 12 months.
ATHENS, Greece (AP) _ DryShips Inc. (DRYS) on Wednesday reported a loss of $5.2 million in its third quarter.
On a per-share basis, the Athens, Greece-based company said it had a loss of $7.70.
The operator of oil rigs and dry cargo carriers posted revenue of $12.1 million in the period.
DryShips shares have fallen 98 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.10, a decline of 98 percent in the last 12 months.
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