Strength Seen in Navios Maritime Partners (NMM): Can Its 7.2% Jump Turn into More Strength?
Navios Maritime Partners L.P.(NMM) ZACKS·2024-09-24 18:11
Navios Maritime Partners LP (NMM) shares rallied 7.2% in the last trading session to close at $61.23. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 10% gain over the past four weeks. Shares of this shipping company have performed exceedingly well this year, gaining 119% year to date. The buoyancy is driven by the bullishness surrounding the shipping industry driven by the uptick in trade volumes. NMM's flee ...