logo
  

Top Ships Inc. (TOPS) Is Up Sharply On Interim Results

Top Ships Inc. (TOPS) announced Friday that it now expects to report a profit of $0.08 per share for the first half of the year, compared to the loss of $2.74 per share last year.

Top Ships gapped up sharply Monday and has spiked higher in early trade. Shares are now up 3.61 at $6.20 on above average volume. The stock has surged to nearly an 8-month high.

For comments and feedback contact: editorial@rttnews.com

Business News

Looking to Invest in the Best Biotech Stocks? Subscribe to RTT Biotech Investor.

First quarter growth data from China gained the maximum focus this week as trends in the massive emerging economy impact its trading partners. Elsewhere, the IMF released its latest global macroeconomic projections. Read our story to find out why comments from the Fed Chair Powell damped rate cut expectations. Meanwhile, there was some survey data that kindled hopes of a recovery in manufacturing. In the U.K., inflation data for March revealed some confusing trends.

View More Videos
Follow RTT