TOP Ships rises on 1-for-20 reverse stock split
** Shares of shipping company Top Ships TOPS.O rise 4.7%
to $0.22 in extended trading
** Co says it would execute a 1-for-20 reverse stock split
of its common stock (https://refini.tv/3UEYt34)
** Shares to begin trading on a split-adjusted basis under
the same symbol TOPS after market opens on Friday
** As of last close, stock had lost ~74.3% YTD
(Reporting by Mrinalika Roy in Bengaluru)
((mrinalika.roy@thomsonreuters.com;))
Recent news on TOP Ships
See all newsBrief: Rubico Inc - Amends Related-Party Transaction With Top Ships - SEC Filing
Brief: Top Ships Announces Sale Of Newbuilding MR Tanker For About $6.5 Mln
Brief: Top Ships Inc. Announces Management Estimate Of Net Asset Value Of $359.2 Million, A 24% Increase From The Previously Reported Nav
Brief: TOP Ships Announces Sale Of ECO MR Product Tanker Newbuilding For About $6.25 Mln
Brief: Top Ships Elects Not To Proceed With Previously Announced $10M Public Offering