icon
icon
icon
icon
$300 Off
$300 Off

News /

Newswires /

Castor Maritime Inc. after-hours down 1.21% due to Ceres Power's licensing deal and revenue surge, while unrelated energy service contracts and reforestation project news have minimal impact.

AinvestMonday, Jul 22, 2024 5:15 pm ET
1min read
Castor Maritime Inc. experienced a decline of 1.21% in after-hours trading. The drop was influenced by news that Ceres Power Holdings PLC secured a significant licensing deal and increased its revenue guidance, which is primarily focused on clean energy technology, while the other news events related to Castor Maritime, such as contract extensions and a fuel cell supply deal, are not directly tied to the company's operations or financial performance. Therefore, the decline in Castor Maritime's stock price is not directly linked to these news events.
Comments

Add a public comment...
Post
No Comment Yet
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
You Can Understand News Better with AI.
Whats the News impact on stock market?
Its impact is
fork
logo
AInvest
Aime Coplilot
Invest Smarter With AI Power.
Open App