Star Bulk Carriers is trading 4.35% down now at $31.01 after announcing a Greek equity offering of up to 4.4 million new common shares.
- Shares will be offered at €23.00–€25.50, equivalent to $26.75–$29.66, creating potential dilution and supply pressure.
- The company is pursuing a parallel Euronext Athens listing.
- Broader markets are modestly weaker, but the offering is the clearest direct catalyst.