International Seaways Shares Rise 7%, Company to Join the S&P SmallCap 600

Dow Jones

Dec 24, 2024

By Stephen Nakrosis

Shares of International Seaways were trading in the green after hours Monday, following news the company will join the S&P SmallCap 600 on Dec. 30.

After the bell, the company's shares were trading 8% higher, at $36.52. The stock ended the day's regular session with a gain of 3.8%, closing at $33.78.

International Seaways will replace Consolidated Communications Holdings, which is being acquired by Searchlight Capital Partners and British Columbia Investment Management Corporation, according to S&P Dow Jones Indices.

International Seaways transports crude oil and petroleum products.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

December 23, 2024 18:10 ET (23:10 GMT)

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