LIMASSOL, Cyprus, April 15, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that it received a written confirmation from The Nasdaq Stock Market LLC on April 11, 2024, that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) concerning the minimum bid price of the Company’s stock. About Castor Maritime Inc. Castor Maritime Inc. is an international provider of shipping transportation s

When the stock market pushes too high too fast, sudden corrections can reveal several oversold stocks for a short-term surge. Reasons for large dips include simple differences of opinion on a company’s prospects, short-term holders exiting positions with long-term potential, or negative events that temporarily spook fair-weather investors. Margin calls against large shareholders or disproportionate media coverage can also trigger selloffs.Indicators measuring momentum, like the Relative Strength

LIMASSOL, Cyprus, March 22, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that its board of directors (the “Board”) has determined to effect a 1-for-10 reverse stock split of the Company’s common shares. The Company’s shareholders approved the reverse stock split by a ratio of not less than 1-for-two and not more than 1-for-100 and granted the Board the authority to determine the exact split ratio and

LIMASSOL, Cyprus, March 22, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on March 22, 2024, it completed the previously announced sale of the M/V Magic Orion, a 2006-built Capesize bulk carrier vessel, for a price of $17.4 million, by delivering the vessel to its new owner. The Company expects to record a net gain of approximately $2.0 million from the above-mentioned sale, excluding any transacti

LIMASSOL, Cyprus, March 12, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on March 11, 2024, it completed the previously announced sale of the M/V Magic Nova, a 2010-built Panamax bulk carrier vessel, for a price of $16.1 million, by delivering the vessel to its new owner. The Company expects to record a net gain of approximately $4.4 million from the above-mentioned sale, excluding any transaction

LIMASSOL, Cyprus, March 01, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that the Company’s annual report on Form 20‐F (the “Annual Report”), which contains the Company’s audited consolidated financial statements for the fiscal year ended December 31, 2023, was filed with the U.S. Securities and Exchange Commission (the “SEC”). The Annual Report is now accessible on the SEC website at http://www.sec.g

LIMASSOL, Cyprus, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on February 15, 2024, the Company entered into an agreement with an entity beneficially owned by a family member of our Chairman, Chief Executive Officer and Chief Financial Officer for the sale of the M/V Magic Nebula, a 2010-built Kamsarmax bulk carrier vessel, for a price of $16.2 million. The terms of the transaction were

Due to the fact that the stock market is in a constant state of flux, high-reward penny stocks often surface as hidden gems, luring purchasers with the promise of substantial rewards. Investing in such companies carries some risk but is a good way for smart investors to get rich. The second thing that makes these stocks interesting is that they are both cheap as well as highly-charged that move from unknown to popular very fast. When we begin to investigate the realm of high-potential penny stoc

LIMASSOL, Cyprus, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM) (“Castor” or the “Company”), a diversified global shipping company, today announced its results for the three months and year ended December 31, 2023. Earnings Highlights of the Fourth Quarter Ended December 31, 2023: Total vessel revenues from continuing operations: $26.4 million for the three months ended December 31, 2023, as compared to $31.3 million for the three months ended December 31, 2022, or a 15.7

Now might be a good time to consider scooping up shares of penny stocks to buy on the dip. However, caution is essential, as penny stocks can be volatile and speculative. So to help reduce the risk to investors, I’ve chosen companies that seem to be on the safer side in terms of their fundamentals. So here are seven penny stocks to buy on the dip for February. BioNano Genomics (BNGO) Source: Dennis Diatel / Shutterstock.com BioNano Genomics (NASDAQ:BNGO) is a biotech stock that specializes in th