A cut in dividend and a subsequent plunge in the share price of Navios Maritime Partners (NMM) left Wall Street analysts searching for a suitable metrphor.
Navios Partners had ripped off the band-aid and taken all of the pain in one go, Ben Nolan of Stifel and Noah Parquette of JP Morgan concluded.
As TradeWinds reported yesterday the MLP’s decision to slice its distribution from $1.77
