DryShips Inc.(NASDAQ:DRYS) fell 5.39%, extending fall after declaring it plans to resume sales under its previously announced $200M program of at the market issuances of its common shares through Evercore Group as its sales agent. So far, the company has issued 6.89M common shares under the program for gross proceeds of $24.1M. DryShips Inc. (NASDAQ:DRYS) stock opened at $4.27 in last session, and closed at $4.04, while the day range of DRYS stock is $3.99 – $4.27. The stock showed a negative weekly performance of -13.68%.
Office Depot Inc(NYSE:ODP) dropped 7.98%, partly due to some of the same concerns that have hit hhgregg and Best Buy on electronics pricing appear relevant to the office supply chains. A SA blog post claims “even before the widespread winter storms of the last few days, channel checks were pointing toward weak traffic trends for ODP”. Office Depot Inc (NYSE:ODP) stock opened at $5.25, in last session and closed at $4.84, by losing -7.98%. The 52 week range of the stock is $3.50 – $6.10. Company’s market capitalization is $2.57 billion.
FreeSeas Inc (NASDAQ:FREE) surged 9.17%. The firm reported that it will consummate the second as well as final tranche of the $10M previously released investment by Crede CG III, Ltd. (the “Investor”), a wholly-owned subsidiary of Crede Capital Group, LLC, a existing shareholder of the Company. FreeSeas Inc (NASDAQ:FREE) stock decreased -7.02% and finished the last session at $2.12. The EPS of the stock remained -184.54. Company’s market capitalization is $278,808 billion.
Ruby Tuesday, Inc. (NYSE:RT) declined 9.00% ahead of its earnings report due out Wednesday after the market closes. The ailing restaurant chain took necessary steps to restructure and reduce its debt, making smart repurchases to try to cut its interest costs. Ruby Tuesday, Inc. (NYSE:RT) stock opened the session at $7.03, and closed the session at $6.37. The 52 week range of the stock remained $5.40 – $9.90 and the day range was $6.29 – $7.03.
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