Toro Corp

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Toro Corp. is a shipping company, which engages in the acquisition, owning, chartering, and operation of oceangoing tanker vessels. The firm also provides seaborne transportation services for crude oil and refined petroleum products. It operates through the Aframax/LR2 Tanker and Handysize Tanker segments. The Aframax/LR2 Tanker segment includes vessels operated under time charter contracts, voyage charter contracts, and pools entered into by certain of the subsidiaries. The Handysize Tanker segment consists of vessels operated in a Handysize pool. The company was founded on July 29, 2022 and is headquartered in Limassol, Cyprus.

Toro (NASDAQ: TORO ) stock is on the rise Thursday despite a lack of news from the tanker operator today. Instead, it looks like heavy trading explains what's moving shares of TORO stock higher today.

Why Is Toro (TORO) Stock Up 38% Today?

LIMASSOL, Cyprus, March 08, 2023 (GLOBE NEWSWIRE) -- Toro Corp (NASDAQ: TORO), (“Toro” or the “Company”), an international energy transportation services company, announces that the Company's annual report on Form 20‐F (the “Annual Report”), which contains the Company's audited consolidated financial statements for the fiscal year ended December 31, 2022, was filed with the U.S. Securities and Exchange Commission (the “SEC”).

Toro Corp. Announces Availability of its 2022 Annual Report on Form 20-F

News for Toro Corp Stock (TORO)