K-Sea Transportation Partners Drops On Pricing 2 Mln Share Offering

Fri. August 15, 2008; Posted: 04:19 PM

(RTTNews) - K-Sea Transportation Partners (KSP | Quote | Chart | News | PowerRating) gapped open lower before moving with uncertainty throughout Friday's trading. The fall came after the company priced a public offering of 2 million common shares.

The stock posted its third loss in a row and finished at its lowest level since June 2004, down $1.63 at $24.97.

For full details on K-sea Transportation Ptnr (KSP) click here. K-sea Transportation Ptnr (KSP) has Short Term PowerRatings of 6. Details on K-sea Transportation Ptnr (KSP) Short Term PowerRatings is available at This Link.

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