Star Bulk Carriers (SBLK) stock drops nearly 5% as dry-bulk freight gauge slips
NEW YORK, January 9, 2026, 13:43 EST — Regular session Star Bulk Carriers Corp shares fell 4.8% to $19.76 by 1:25 p.m. EST on Friday, after earlier touching $20.75. The stock’s 52-week range runs from $12.06 to $20.87, and the company’s market value stood near $2.4 billion. (Star Bulk Carriers) The drop landed as the Baltic Dry Index — a widely watched gauge of what it costs to ship dry bulk cargoes like iron ore, coal and grain — eased to 1,688 on Friday and has fallen about 31% over the past month. (Trading Economics) That matters right now because