Drys Stock Buy Or Sell 99%

It famously underwent multiple reverse stock splits that wiped out nearly 99.9% of long-term shareholder value.

CEO George Economou, through SPII Holdings, acquired all remaining shares for $5.25 per share in cash. drys stock buy or sell

It was officially removed from the NASDAQ following the merger. Historical Context It famously underwent multiple reverse stock splits that

Financier Behind DryShips Stock's Wild Ride Has Settled With SEC Status Summary Privatized: The company was taken private

The company issued massive amounts of new shares, which heavily penalized existing investors. Better Alternatives for 2026

is no longer a tradable public stock. You cannot buy or sell it on the NASDAQ or any major exchange as of April 2026. Status Summary Privatized: The company was taken private in late 2019 .

If you are seeing "current" price data on some financial sites, it is likely from the time of the buyout (roughly $5.24–$5.25). Before going private, the stock was notorious for: