NM - Navios Maritime Partners LP: NMCI Earnings Disappoint
Navios Maritime Partners L.P. (NYSE:NMM) is a publicly-traded subsidiary of general partner Navios Maritime Holdings, Inc. (NYSE:NM) and an affiliate of Navios Maritime Acquisition Corporation (NYSE:NNA) and Navios Maritime Midstream Partners L.P. (NYSE:NAP), and owns a 33.5% minority position in Navios Maritime Containers (NASDAQ:NMCI). NMCI began trading on the Nasdaq Global Select Market on December 10th, 2018, subsequent to NMM spinning off a 2.5% ownership interest in NMCI to its unitholders.
NMCI is a microcap company that trades on very light volume and at very