Globus Maritime (GLBS) Stock Surges Over 15% After Hours: Here’s Why

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Globus Maritime Ltd. (NASDAQ:GLBS) shares surged 15.28% after hours on Wednesday to $2.49 after director Georgios Feidakis‘s affiliate, Firment Shipping Inc., disclosed an open-market purchase of 375,145 shares in a Securities and Exchange Commission filing.

Firment Shipping is a Marshall Islands–incorporated shipping investment holding company.

Insider Buying

Feidakis purchased shares on Tuesday at a weighted-average price of approximately $2.14, with individual trades ranging from $1.96 to $2.30. The purchases increased his total beneficial ownership to 6.35 million shares.

The transaction for shares of the Athens-based international dry bulk shipping company was valued at approximately $801,835.

The filing was signed and submitted on Wednesday.

Why This Move Matters To Investors

According to Benzinga Pro data, the stock closed at $2.16, down …

Full story available on Benzinga.com

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