2.47
price down icon1.59%   -0.04
 
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Why is OceanPal Inc (OP) Stock down?

We've noticed a 5.50% decline in OceanPal Inc (OP) stock during the 2024-04-24 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
13 Jun, 2023:

Shares of OceanPal Inc. (OP) declined 23.50% from $3.58 to $2.74 today after the company issued financial results for the Q1 2023. It reported net income of $88 thousand and net loss attributed to common stockholders of $472 thousand.

https://finance.yahoo.com/news/oceanpal-inc-reports-financial-results-131000905.html

10 Feb, 2023:

OceanPal Inc. (OP) plunged 11.40% from $15.05 to $13.34 when the company announced today the closing of its public offering of 15,000,000 units with each unit consisting of one common share (or one pre-funded warrant in lieu of one common share) and one Class B warrant to purchase one common share (the “Offering”).

https://finance.yahoo.com/news/oceanpal-inc-announces-closing-approximately-230400766.html

08 Feb, 2023:

OceanPal Inc. (OP) stocks price was down 38.50% from $24 to $14.76 after announcing pricing of a public offering of 15,000,000 units with each unit consisting of one common share and one Class B warrant to purchase one common share.

https://finance.yahoo.com/news/oceanpal-inc-announces-pricing-approximately-142900879.html

20 Dec, 2022:

Shares of OP fell 7.55% from $31.8 to $29.4 when it announced today that its board of directors has determined to effect a one-for-ten reverse stock split of the Company's common shares, par value $0.01 per share.

https://finance.yahoo.com/news/oceanpal-inc-announces-reverse-stock-140700598.html

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