It famously underwent multiple reverse stock splits that wiped out nearly 99.9% of long-term shareholder value.
CEO George Economou, through SPII Holdings, acquired all remaining shares for $5.25 per share in cash. drys stock buy or sell
is no longer a tradable public stock. You cannot buy or sell it on the NASDAQ or any major exchange as of April 2026. Status Summary Privatized: The company was taken private in late 2019 . It famously underwent multiple reverse stock splits that
Financier Behind DryShips Stock's Wild Ride Has Settled With SEC You cannot buy or sell it on the
If you are seeing "current" price data on some financial sites, it is likely from the time of the buyout (roughly $5.24–$5.25). Before going private, the stock was notorious for:
The company issued massive amounts of new shares, which heavily penalized existing investors. Better Alternatives for 2026
It was officially removed from the NASDAQ following the merger. Historical Context
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