What happened to my DryShips stock?

DryShips has agreed to merge with SPII Holdings, a company controlled by its founder, chairman, and CEO, George Economou. Under the terms of the deal, SPII will pay $5.25 for each share of DryShips stock that it doesn’t already own. The buyout agreement ends a long and turbulent saga for DryShips as a public company.

Who bought DryShips?

SPII Holdings Inc.
ATHENS, Greece, Oct. 11, 2019 (GLOBE NEWSWIRE) — DryShips Inc. (the “Company”) (NASDAQ: DRYS), a diversified owner and operator of ocean going cargo vessels, today announced the completion of its acquisition by SPII Holdings Inc.

What is drys in stock market?

DryShips is a dry bulk company and its fortunes are closely tied to global trade. As is the case with most short squeezes, a piece of news or a positive fundamental story triggers a buying spree in the stock.

What is the highest stock ever?

Berkshire Hathaway
Berkshire Hathaway ($445,000) Berkshire Hathaway is the holding company of billionaire investor Warren Buffett.

Is drys publicly traded?

DryShips trades on the NASDAQ under the ticker symbol “DRYS.”

Are DryShips still in business?

DryShips Inc is a dry bulk shipping company based in Athens, Greece. It is a Marshall Islands corporation, formed in 2004. On October 11, 2019, it was taken private by CEO and Chairman George Economou….DryShips.

Which is correct drys or dries?

The plural form of dry is drys or dries.

Is Dry ships still in business?

On October 11, 2019, it was taken private by CEO and Chairman George Economou. As of February 2019, the company is a diversified owner and operator of ocean going cargo vessels that operate worldwide….DryShips.