Eagle Bulk Shipping saw its shares fall 12.4% in their second day of retreat since a major jump on Friday.
The Connecticut bulker owner’s stock price has fallen to $7.62 so far today on the Nasdaq. The shares closed yesterday at $8.70.
Today’s trading erases most of their gains since they peaked at $12.45 on the final trading session of the week, a day after closing at $7.07.
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