Shares of C3is Inc. (CISS) gained 31% on Monday morning despite no stock-related news release from the company.
CISS is currently trading at $2.3950, up $0.5650 or 30.96%, on the Nasdaq. The stock opened its trading at $2.5000 after closing Friday's trading at $1.8300. The stock has traded between $1.3450 and $152.4000 in the past 52-week period.
C3is offers international seaborne transportation services. The company provides its services to dry bulk charterers, including national and private industrial users, commodity producers and traders, oil producers, refineries, and commodities traders and producers. It owns and operates three drybulk carriers, which transport major bulks, such as iron ore, coal, and grains, as well as minor bulks comprising bauxite, phosphate, and fertilizers.
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