DryShips Inc. (NASDAQ:DRYS) stock is more than twice as volatile as the overall market, and is largely at the mercy of the going daily rate to ship commodities and materials. Dryships also have quite a bit of debt on its books, making the stock all the more susceptible to downside risk. DryShips Inc. (NASDAQ:DRYS) stock opened at $3.70 in last session, and closed at $ 3.38, while the day range of stock is $3.36 – $3.70. The stock showed a negative weekly performance of -15.29%.
Kansas City Southern (NYSE:KSU) shares plunged 15 percent on Friday after the railroad company reported fourth-quarter financial results that disappointed investors and fell short of analyst expectations. Kansas City Southern (NYSE:KSU) stock opened at $103.01, in last session and closed at $99.49, by losing -15.17%. The 52 week range of the stock is $91.79 – $125.96. Company’s market capitalization is $10.97 billion.
Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) is on its way to recording a fourth losing session as a combination of macroeconomic concerns in Asia and a re-assessment by JPMorgan on valuation of Macau gaming stocks continues to take hold. Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) stock decreased -8.46% and finished the last session at $38.20. The EPS of the stock remained 0.94. Company’s market capitalization is $21.00 billion.
Analysts at Deutsche Bank reduced their price target on shares of Boyd Gaming Corporation (NYSE:BYD) from $12.00 to $10.00 in a research report issued to clients and investors on Friday, Stock Ratings News reports. The firm currently has a “hold” rating on the stock. Boyd Gaming Corporation (NYSE:BYD) stock opened the session at $10.40, and closed the session at $9.75. The 52 week range of the stock remained $6.27 – $14.75 and the day range was $9.67 – $10.45.