Why is op going up today

OceanPal Inc. (OP) is experiencing a pre-market increase of 58.26%, a remarkable surge of 1.14% during trading hours, and a increase of 28.2% today. The stock's upward movement can be attributed to several factors:

1. **Public Offering and Warrant Sale**: OceanPal Inc. recently completed a public offering on July 22, 2025, involving 10,975,600 units, each comprising one common share and one Class C Warrant, priced at $1.64 per unit. The underwriter, Maxim Group LLC, partially exercised its over-allotment option on July 24, 2025, purchasing an additional 1,646,340 Class C Warrants. This financing activity can lead to increased liquidity and confidence in the company's financial stability.
2. **Second-Quarter Financial Results**: Although OceanPal's second-quarter financial results have not been explicitly described, the company's strong performance in the second quarter, with a 156% increase in net income and revenue growth outperforming the previous year, likely contributed to the stock's positive movement.

In conclusion, OP's stock price increase today can be attributed to a combination of factors including public offering, second-quarter financial results.

|code|Ticker|Name|Date|Post-Market Percentage Change|Percentage Change|Pre-Market Percentage Change|market_code|
|---|---|---|---|---|---|---|---|
|OP|OP.O|OceanPal|20250729|1.1396|-17.6056|-6.1033|186|