Nordic American Tankers dives on the stock exchange

Nordic American Tankers, headed by founder Herbjørn Hansson, saw its stock dive 20 percent after news that the carrier plans to raise more than USD 100 million in fresh capital. A sign of crisis, say investors in the market.
Photo: Nordic American Tankers
Photo: Nordic American Tankers

Norwegian carrier Nordic American Tankers, listed in New York, saw its share slide more than 20 percent Wednesday to its lowest level yet in the early trade.

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