TORM plc: Favorable Market Outlook And Attractive Financial Position (NASDAQ:TRMD)

TORM plc (NASDAQ:TRMD) stock price dropped by 13% on 30 March as the company announced the commencement of a secondary public offering of 5 million Class A common shares by Oaktree Capital Management. One might think that due to the recent stock price drop, it is time to sell TRMD. However, the…

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