Scorpio Bulkers saw its shares pop at the end of a week that saw global shipping equities rise along with wider stock markets.
Scorpio’s shares, which trade under ticker symbol SALT, jumped 18% today to close at $2.36 on the New York Stock Exchange, though it had rocketed far higher earlier in the day.
The jump came after reports today that the Emanuele Lauro-led bulker owner is in advanced talksto sell its entire fleet to Greek shipowner John Angelicoussis.
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