Shipping stocks are notoriously volatile due to the industry’s cyclicality, which can cause financial stress for shippers that borrow heavily to finance fleet growth. That said, DryShips Inc. takes that volatility to a whole new level.
Shipping stocks are notoriously volatile due to the industry’s cyclicality, which can cause financial stress for shippers that borrow heavily to finance fleet growth. That said, DryShips Inc. takes that volatility to a whole new level.