Navios Maritime Partners LP (NMM) Suffers a Larger Drop Than the General Market: Key Insights
NMMNavios Maritime Partners L.P.(NMM) ZACKS·2024-08-02 06:51

Navios Maritime Partners LP (NMM) closed the most recent trading day at $45.80, moving -1.97% from the previous trading session. This change lagged the S&P 500's 1.37% loss on the day. Meanwhile, the Dow lost 1.21%, and the Nasdaq, a tech-heavy index, lost 2.3%.The company's stock has dropped by 10.87% in the past month, falling short of the Transportation sector's gain of 1.79% and the S&P 500's gain of 1.11%.Analysts and investors alike will be keeping a close eye on the performance of Navios Maritime Par ...