🔴 Rubico is trading 5.3% down today after pullback from tanker-acquisition rally

Rubico is trading at $2.15 (5.3% down) as it gives back gains from yesterday's rally following its MR tanker acquisition announcement.

• The stock had surged after the company announced its third newbuilding MR tanker, which is expected to lift its potential gross revenue backlog by 24% to approximately $379 million.
• No fresh company-specific news has been released today, suggesting a routine consolidation after the recent catalyst-driven move.