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CMRE - Why Costamare Stock Popped 11% This Morning
Costamare Inc. $0.0001 par value
Shares of containership operator Costamare (NYSE: CMRE) popped 11% in early trading on the Nasdaq today, before settling down to about a 7.8% gain at noon EDT. Now, it's possible that this Motley Fool article had something to do with that.
But if you ask me, if you own shares of Costamare, it's actually Citigroup you should be thanking.
Is it time to load up on containership stocks? Image source: Getty Images.