TOP Ships FY EPS $(3.03) Down From $2.80 YoY, Sales $80.66M Up From $56.37M YoY
TOP Ships (NASDAQ: TOPS) reported quarterly losses of $(3.03) per share. This is a 208.21 percent decrease over earnings of $2.80 per share from the same period last year. The company reported $80.66 million in sales this quarter. This is a 43.09 percent increase over sales of $56.37 million the same period last year.
Nasdaq Turns Higher; Soligenix Shares Plunge
U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite gaining around 50 points on Tuesday.
The Dow traded down 0.16% to 34,191.46 while the NASDAQ rose 0.51% to 11,952.38. The S&P 500 also rose, gaining, 0.16% to 4,143.79.
Why Top Ships Are Trading Lower By 45%? Here Are Other Stocks Moving In Tuesday’s Mid-Day Session
Gainers
Amesite Inc. (NASDAQ: AMST) shares jumped 123% to $0.6284 after the company announced GPT-3 powered functionality to its AI toolkit for customers and users.
Why TOP Ships Shares Are Getting Hammered
TOP SHIPS Inc (NASDAQ: TOPS) shares are trading lower by 44.8% to $0.91 Tuesday afternoon after the company announced pricing of a $13.6 million registered direct offering. The company on Monday entered into a time charter employment contract, after which the stock ran higher.
Crude Oil Down 1%; SkyWater Technology Shares Spike Higher
U.S. stocks traded lower midway through trading, with the Dow Jones dropping more than 250 points on Tuesday.
The Dow traded down 0.79% to 33,975.65 while the NASDAQ fell 0.59% to 11,821.20. The S&P 500 also fell, dropping, 0.63% to 4,111.05.
Dow Gains Over 300 Points; S&P 500 Up 1%
U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining over 300 points on Monday.
The Dow traded up 1.01% to 34,211.29 while the NASDAQ rose 1.52% to 11,896.33. The S&P 500 also rose, gaining, 1.07% to 4,134.24.
Why Frequency Therapeutics Are Trading Lower By 82%? Here Are Other Stocks Moving In Monday’s Mid-Day Session
Gainers
Vallon Pharmaceuticals, Inc. (NASDAQ: VLON) shares jumped 120.5% to $1.02 after jumping over 72% on Friday.
Nasdaq Rises 1.5%; G1 Therapeutics Shares Plummet
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 1.5% on Monday.
The Dow traded up 0.96% to 34,193.83 while the NASDAQ rose 1.52% to 11,896.75. The S&P 500 also rose, gaining, 1.03% to 4,132.54.
What’s Going On With TOP Ships Stock?
TOP SHIPS Inc (NASDAQ: TOPS) shares are trading higher by 48.85% to $1.95 Monday afternoon after the company entered into a time charter employment contract.
What Happened?