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Financial News

Top Services Stocks Losers are DSX, NMM, JACK

Services Stocks

Dallas, TX 11/19/2009 05:12 PM GMT (TransWorldNews)

 

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Diana Shipping Inc. (NYSE:DSX) plunges 5.95% to $16.90. The stock hit an intraday high and an intraday low of $17.50 and $16.72 respectively. In the last six months the stock went up over 3%. Diana Shipping Inc. is a global provider of shipping transportation services. The Company is engaged in transporting dry bulk cargoes, including commodities as iron ore, coal, grain and other materials along global shipping routes.

 

Navios Maritime Partners L.P. (NYSE:NMM) plunges 9.49% to $14.30 after the company announced that it has priced its follow-on public offering of 4,000,000 common units, which represent limited partnership interests, at $14.90 per unit. Navios Partners has granted the underwriters a 30-day option to purchase up to an additional 600,000 common units to cover over-allotments, if any. Navios Partners expects to use the proceeds from the offering to fund its fleet expansion and/or for general partnership purposes.

 

Jack in the Box Inc. (NASDAQ:JACK) plunges 8.39% to $18.35. The stock hit an intraday high and an intraday low of $18.82 and $18.02 respectively. In the last six months the stock went down over 28%. Jack In The Box Inc. is a restaurant company that operates and franchises approximately 2,600 quick-service and fast-casual restaurants under the brand names Jack in the Box and Qdoba Mexican Grill. Jack in the Box is a hamburger chain.

 

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