Box Ships Inc. (TEU) announced after the close Thursday that it intends to offer and sell $30,000,000 of its common shares in an underwritten public offering.
Box Ships gapped open sharply lower Friday, but traded in a narrow range throughout the session. The stock closed down by 1.46 at $6.65 on the highest volume of the year and set nearly a 10-month low.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.