Nordic American Tanker Shipping (NAT) announced an underwritten public offering of 4,000,000 common shares after the close Thursday. The company also announced that it expects its dividend per share for the fourth quarter to be around $0.23 per share. The stock is now down 1.75 on 9K shares.
Nordic American Tanker Shipping declined throughout the first 2 hours of Thursday's session and finished down by 1.09 at $32.65. The stock fell to a week and a half low.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.