Scorpio Bulkers saw its shares surge in early trading Wednesday after president Robert Bugbee bought up more shares in the shipowner
The stock price jumped as high as 12.4% to $3.99 in the first hour of trading on the New York Stock Exchange, making it the biggest gainer among US-listed shipping stocks.
As TradeWinds reported earlier, Bugbee purchased 60,000 shares for $3.60
