TRMD News & Events

Latest data shows the largest indicative borrow rate increases among liquid option names include: Rumble (RUM) 18.61% +2.38, T-REX 2X INVERSE MSTR DAILY TARGET (MSTZ) 18.94% +1.81, Largo Resources (LGO) 5.84% +1.45, Vivopower Plc (VIVO) 10.35% +1.12, iShares Australia (EWA) 3.24% +0.96, DEFIANCE DAILY TARGET 2X LONG SMCI ETF (SMCX) 27.97% +0.90, Tradr 2X Long QBTS Daily ETF (QBTX) 29.25% +0.68, Wendy's (WEN) 11.19% +0.60, TORM plc (TRMD) 1.71% +0.57, and Rezolve AI Ltd (RZLV) 19.27% +0.55.

Raises FY26 TCE earnings view to $1.15B-$1.45B from $850M-$1.25B.

"TORM delivered a strong quarter supported by high freight rates, consistent execution, and our One TORM platform," said Jacob Meldgaard, adding: "Rates rose to record levels in April, prompting an upward revision of our full-year guidance while continuing to monitor global developments. We also invested selectively in fleet renewal, including six resale vessels, reflecting our long-term view of the market."