Stock Update on Notable Transportation Stocks (EGLE, DRYS, FRO, GNK)

Eagle Bulk Shipping Inc. (NASDAQ:EGLE) lost 4.52% to $4.86 on 3.65 million shares. The company quarterly profit beat market estimates as the dry bulk shipper saw a 30 percent rise in fleet operating days. Net income for the first quarter fell more than 73 percent to $4.6 million, or 7 cents a share, from $17.2 million, or 37 cents a share a year ago.

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DryShips Inc. (NASDAQ:DRYS) is up 0.38% to $5.23 on 14.87 million shares.

Frontline Ltd. (USA) (NYSE:FRO) drops 1.85% to $31.22 on high volume. Frontline Ltd. is a shipping company. The Company is engaged primarily in the ownership and operation of oil tankers and oil/bulk/ore (OBO) carriers, which are configured to carry dry cargo.

Genco Shipping & Trading Limited (NYSE:GNK) increases 1.21% to $20.08 on 1.07 million shares.

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