Replies to post #12293 on DryShips Inc (fka DRYS)

[eastunder]

It didn't jump - it just did a reverse split

The company will also undergo a 1-for-4 reverse split effective August 15, 2016 in an effort to remain Nasdaq compliant when it comes to having a closing bid price below $1 for 30 consecutive days.

[tekheavy]

4 for 1 reverse split adjusted I assume?