Why Castor Maritime Stock Jumped Higher in February

Why Castor Maritime Stock Jumped Higher in February

Shares of Castor Maritime (NASDAQ: CTRM) gained 61.2% in February, according to data provided by S&P Global Market Intelligence. Castor Maritime is a Cyprus-based shipping company that is focused on dry-bulk vessels. Castor in February announced two deals, adding tanker capacity to its mix and doubling its fleet size.