Eagle Bulk Shipping Plunges 6%, Traders Attribute Decline To This Tweet

Shares of

plunged more than 7 percent on Tuesday on no corporate news. Investors and traders may have turned bearish on the nano-cap company following a Tweet by 'unemon,' an account that is dedicated towards exposing potential pump and dump stocks. The Twitter user suggested that Eagle Bulk Shipping is "at the Center of a Pump over the past Few Weeks."

In a second Tweet, the user highlighted the company's