Recently spun-off OceanPal set to double in second day of trading
01/12/2021 13:11
** Shares of OceanPal Inc OP.O double in premarket trading
to $10.88
** OP among the top 10 trending tickers on investor-focused
platform stocktwits.com
** The shipping transportation services was spun-off from
Diana Shipping Inc DSX.N and began trading on the Nasdaq on
Tuesday
** About 3.6 mln shares changed hands by 7:58 a.m. ET,
nearly 40% of co's 9.15 mln shares outstanding
** OP was halted multiple times in its first day of trading,
ending the session 47% higher from its opening price of $5.22 at
a market value of $47.8 mln
(Reporting by Medha Singh)
((medha.singh@thomsonreuters.com))