DAC - Danaos: Q2 Shows The Business Is Improving Faster Than The Stock
2025-09-05 10:00:58 ET
Back in early July, I said I was leaning bullish on Danaos ( DAC ) again after stepping aside in April. My dismay in spring was capital allocation and how slow buybacks, lazy dividends, and the distraction into dry bulk had eroded the investment case. However, in my July piece , I explained that fleet expansion at excellent rates had me getting back in and switching my stance from neutral to bullish....
Danaos: Q2 Shows The Business Is Improving Faster Than The Stock