DRYS stock has had a remarkable 2013 that has seen DryShips (DRYS) shares triple in value this year.
The dry bulk shipping company is up another 12% in early trading Thursday and up 50% over the last month. DRYS stock is up 190% YTD and is now selling at a per-share cost of $4.67. DryShips’ comeback has been led by George Economou who has over 30 years of experience in the maritime industry and has been CEO since 2010.
DryShips is a holding company responsible for the ocean transportation of crude oil and dry bulk cargoes worldwide. Economou is also the CEO of offshore drilling contractor Ocean Rig (ORIG) which posted meager gains today.