GK Investor's Genco Campaign Results in Material Improvement [Yahoo! Finance]
Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (GNK)
Last genco shipping & trading limited ordinary shares new (marshall islands) earnings: 2/25 04:30 pm
Check Earnings Report
US:NYSE Investor Relations:
gencoshipping.com
Company Research
Source: Yahoo! Finance
NEW YORK, May 16, 2024 BUSINESS WIRE )--GK Investor LLC (" GK "), a shareholder of Genco Shipping & Trading Limited (" Genco " or the " Company ") (NYSE: GNK), today announced the following: On December 28, 2023, the last trading day before GK publicly announced its position in Genco, the closing price of Genco's common stock was $16.48. Yesterday, the closing price of Genco's common stock was $22.53. GK believes that its advocacy on behalf of all common shareholders has been an important wake-up call to Genco's complacent Board of Directors (the "Board") and has contributed to the improved performance of Genco's common stock – thereby providing an attractive return to shareholders, including GK. GK also believes that its efforts were a principal driver behind Genco's decision to focus on capital allocation, reduce its discount to NAV and add a new voice in the boardroom. Consequently, GK is withdrawing its nomination of Mr. Robert Pons as a candidate for election to Genco's Board
Show less
Read more
Impact Snapshot
Event Time:
GNK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GNK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GNK alerts
High impacting Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) news events
Weekly update
A roundup of the hottest topics
GNK
News
- Genco Shipping & Trading Shareholders Overwhelmingly Re-Elect All Genco Director Nominees at the 2024 Annual Meeting [Yahoo! Finance]Yahoo! Finance
- Genco Shipping & Trading Shareholders Overwhelmingly Re-Elect All Genco Director Nominees at the 2024 Annual MeetingGlobeNewswire
- Genco Shipping & Trading Issues Statement Regarding George Economou's Withdrawal of his Nominee [Yahoo! Finance]Yahoo! Finance
- Genco Shipping & Trading Issues Statement Regarding George Economou’s Withdrawal of his NomineeGlobeNewswire
- GK Investor’s Genco Campaign Results in Material ImprovementBusiness Wire
GNK
Earnings
- 5/8/24 - Miss
GNK
Sec Filings
- 5/31/24 - Form 4
- 5/31/24 - Form 4
- 5/31/24 - Form 4
- GNK's page on the SEC website