Pangaea Logistics Solutions shares are trading lower after the company reported worse-than-expected Q4 financial results.
Portfolio Pulse from Benzinga Newsdesk
Pangaea Logistics Solutions shares dropped following the announcement of disappointing Q4 financial results.
March 14, 2024 | 12:56 pm
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Pangaea Logistics Solutions reported worse-than-expected Q4 financial results, leading to a decrease in share price.
The company's shares are trading lower as a direct result of the announcement of poor financial performance for the fourth quarter. This negative earnings report is likely to impact investor sentiment and could lead to a short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100