11 Mar 2020
Star Bulk dented shareholders’ wealth by over 34% YTD (as of 10 March 2020). Like many of its cape-dominated peers, the company has high exposure to China’s trade. At the end of trading on 7 February 2020, force majeure in China pushed SBLK to a low of USD 8.03 per share on NASDAQ – a price marginally above the USD 8.02 per share on 6 February 2019. On a positive note, the share price since then has largely been resilient, trading largely between USD 8 and USD 9.