NYSE: Excel Maritime Carriers (EXM) Gaining Since Upgrade

Wall Street analysts, Jefferies Group, upgraded one of the NYSE penny stocks, Excel Maritime Carriers Ltd. (NYSE: EXM) to a “hold” rating. Since then, shares in the penny stock have dropped -12.5%. EXM did gain 2.62% in the last trading session to close at $1.96.

EXM has a market capitalization of  $168.43 Million with 85.93 Milion shares outstanding. Trading ...

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