Navios Maritime Partners LP (NMM) Hits Fresh High: Is There Still Room to Run?
Navios Maritime Partners L.P.(NMM) ZACKS·2024-06-06 22:15
Have you been paying attention to shares of Navios Maritime Partners LP (NMM) ? Shares have been on the move with the stock up 12.6% over the past month. The stock hit a new 52-week high of $53.28 in the previous session. Navios Maritime Partners LP has gained 88.4% since the start of the year compared to the -3% move for the Zacks Transportation sector and the 23.5% return for the Zacks Transportation - Shipping industry.What's Driving the Outperformance?The stock has an impressive record of positive earni ...