TOP Ships, Inc. (TOPS)
TOPS moved a median of +0.29% 30 minutes after news, and -0.46% by the close. How TOPS actually reacts to news — the realized, point-in-time move the market made, measured across 122 labeled events over the last three years with zero look-ahead.
TOPS’s median reaction, across the day.
| Horizon | Median | % positive | Events |
|---|---|---|---|
| 5-min | +0.23% | 52% | 107 |
| 30-min | +0.29% | 52% | 118 |
| 60-min | +0.83% | 55% | 121 |
| to close | -0.46% | 48% | 121 |
| Middle 50% of TOPS reactions | -1.87% to +3.80% |
|---|---|
| Median reaction (30-min) | +0.29% |
| Measured reactions | 122 |
Half of all TOP Ships, Inc. news events land between -1.87% and +3.80% at 30 minutes.
Reaction stats as of 2026-09-21. Newest measured event . Reaction = percent move vs. the price at the news timestamp.
Email me when TOPS moves on news.
One email per qualifying move — the headline, the measured reaction, and how it compares to TOPS's baseline. Nothing else.
Recent TOPS events, each with its measured reaction.
| Date | Headline | Event | Source | 5-min | To close |
|---|---|---|---|---|---|
| Form 6-K TOP SHIPS INC. For: Oct 15 | SEC filing · Form 6-K | SEC EDGAR | -2.13% | -2.20% | |
| Form 6-K TOP SHIPS INC. For: Oct 07 | SEC filing · Form 6-K | SEC EDGAR | +2.00% | +0.78% | |
| Top Ships Inc. Announces Acquisition of four High Specification Ice Class 1A Newbuilding MR Tankers and Gross Revenue Backlog of about $1.24 Billion | Press release | GlobeNewswire | -9.80% | -4.36% | |
| Form 6-K TOP SHIPS INC. For: Oct 01 | SEC filing · Form 6-K | SEC EDGAR | +0.25% | -1.95% | |
| Top Ships Inc. Announces Closing of the Acquisition of three High Specification Newbuilding MR Tankers | Press release | GlobeNewswire | +3.89% | +0.10% | |
| Form 6-K TOP SHIPS INC. For: Sep 22 | SEC filing · Form 6-K | SEC EDGAR | -5.16% | -5.41% | |
| Top Ships Inc. Provides Response to Unusual Market Action | Press release | GlobeNewswire | -13.95% | -32.56% | |
| Form 6-K TOP SHIPS INC. For: Sep 17 | SEC filing · Form 6-K | SEC EDGAR | +0.50% | -1.17% | |
| TOP Ships Inc. Announces Net Income of $6.5 Million, Diluted Earnings per Share of $0.61 and Stockholders’ Equity of $76.7 Million for the Six Months Ended June 30, 2026 | Press release | GlobeNewswire | -1.36% | +2.46% | |
| Form 6-K TOP SHIPS INC. For: Jun 30 | SEC filing · Form 6-K | SEC EDGAR | -1.36% | +2.46% | |
| Form 6-K TOP SHIPS INC. For: Jul 29 | SEC filing · Form 6-K | SEC EDGAR | -1.29% | -8.57% | |
| Top Ships Inc. Announces Acquisition of three High Specification Newbuilding MR Tankers and Potential Gross Revenue Backlog of about $0.93 Billion | Press release | GlobeNewswire | -11.88% | -13.30% | |
| Form 6-K TOP SHIPS INC. For: Jul 28 | SEC filing · Form 6-K | SEC EDGAR | +0.23% | -3.58% | |
| TOP Ships Announces Sale of a Newbuilding MR Tanker for about $6.5 million | Press release | GlobeNewswire | +0.07% | -3.74% | |
| Form 6-K TOP SHIPS INC. For: Jul 27 | SEC filing · Form 6-K | SEC EDGAR | +1.26% | -1.01% | |
| TOP Ships Inc. Announces Management Estimate of Net Asset Value of $359.2 Million, a 24% Increase from the Previously Reported NAV | Press release | GlobeNewswire | +0.66% | -0.34% | |
| Form 6-K TOP SHIPS INC. For: Jul 22 | SEC filing · Form 6-K | SEC EDGAR | +0.00% | +7.38% | |
| TOP Ships Inc. Announces Decision to Sell M/Y Para Bellvm and Exit the Megayacht Sector | Press release | GlobeNewswire | -1.83% | +6.74% | |
| Form 6-K TOP SHIPS INC. For: Jul 16 | SEC filing · Form 6-K | SEC EDGAR | +1.89% | +3.15% | |
| TOP Ships Inc. Cancels Dubai Real Estate Deal | Press release | GlobeNewswire | +1.89% | +3.15% | |
| Form 6-K TOP SHIPS INC. For: Jul 15 | SEC filing · Form 6-K | SEC EDGAR | -8.11% | -7.36% | |
| TOP Ships Inc. Announces Sale of ECO MR Product Tanker Newbuilding for About $6.25 million | Press release | GlobeNewswire | +0.79% | +2.15% | |
| Form 6-K TOP SHIPS INC. For: Jun 26 | SEC filing · Form 6-K | SEC EDGAR | -0.59% | -7.74% | |
| TOP Ships Announces Safe Exit of Vessel from the Strait of Hormuz and Stronger Vessel Values | Press release | GlobeNewswire | +0.00% | +0.78% | |
| Form 6-K TOP SHIPS INC. For: May 29 | SEC filing · Form 6-K | SEC EDGAR | -6.20% | -0.33% | |
| Form 6-K TOP SHIPS INC. For: May 15 | SEC filing · Form 6-K | SEC EDGAR | +0.66% | -2.59% | |
| Form RW TOP SHIPS INC. | SEC filing · Form RW | SEC EDGAR | — | +5.07% | |
| TOP Ships Inc. Elects Not to Proceed with Previously Announced $10m Public Offering | Press release | GlobeNewswire | — | +5.07% | |
| Form F-1/A TOP SHIPS INC. | SEC filing · Form F-1 | SEC EDGAR | -0.57% | -45.70% | |
| Form EFFECT TOP SHIPS INC. | SEC filing · Form EFFECT | SEC EDGAR | -2.70% | -1.80% | |
| Form F-1 TOP SHIPS INC. | SEC filing · Form F-1 | SEC EDGAR | -0.84% | -3.36% | |
| Form 6-K TOP SHIPS INC. For: Apr 24 | SEC filing · Form 6-K | SEC EDGAR | -0.84% | -3.36% | |
| Form F-1 TOP SHIPS INC. | SEC filing · Form F-1 | SEC EDGAR | -0.84% | -3.36% | |
| Form 6-K TOP SHIPS INC. For: Apr 02 | SEC filing · Form 6-K | SEC EDGAR | +7.43% | +8.11% | |
| Top Ships Announces Filing of 2025 Annual Report on Form 20-F | Press release | GlobeNewswire | +7.43% | +8.11% | |
| Form 20-F TOP SHIPS INC. For: Dec 31 | SEC filing · Form 20-F | SEC EDGAR | +2.56% | -3.19% | |
| Form 6-K TOP SHIPS INC. For: Mar 10 | SEC filing · Form 6-K | SEC EDGAR | +0.00% | -13.67% | |
| Top Ships Announces Management Estimate of Net Asset Value at $289 Million | Press release | GlobeNewswire | +11.20% | -4.00% | |
| Form 6-K TOP SHIPS INC. For: Feb 23 | SEC filing · Form 6-K | SEC EDGAR | -11.69% | -25.38% | |
| TOP Ships Inc. Announces Agreement to Acquire Nine ECO MR Product Tanker Newbuildings with Time Charter Employment and Potential Gross Revenue Backlog of about $679 million | Press release | GlobeNewswire | -11.69% | -25.38% | |
| Form 6-K TOP SHIPS INC. For: Jan 06 | SEC filing · Form 6-K | SEC EDGAR | +0.00% | +1.17% | |
| TOP Ships Announces Amendment of Time Charter at a Higher Daily Rate | Press release | GlobeNewswire | +0.00% | +1.17% | |
| Form 6-K TOP SHIPS INC. For: Dec 31 | SEC filing · Form 6-K | SEC EDGAR | +2.10% | +5.33% | |
| Top Ships Inc. Announces Sale of Newbuilding Mega Yacht | Press release | GlobeNewswire | +2.10% | +5.33% | |
| Form 6-K TOP SHIPS INC. For: Dec 12 | SEC filing · Form 6-K | SEC EDGAR | — | -0.71% | |
| Form 6-K TOP SHIPS INC. For: Nov 28 | SEC filing · Form 6-K | SEC EDGAR | +1.04% | +6.39% | |
| TOP Ships Announces Letter of Intent for Acquisition of Real Estate Assets in Dubai | Press release | GlobeNewswire | +1.04% | +6.39% | |
| Form 6-K TOP SHIPS INC. For: Nov 20 | SEC filing · Form 6-K | SEC EDGAR | +3.10% | +3.10% | |
| Top Ships Inc. announces extension of Time Charter for its MR Tanker | Press release | GlobeNewswire | +3.10% | +3.10% | |
| Form 6-K TOP SHIPS INC. For: Nov 17 | SEC filing · Form 6-K | SEC EDGAR | — | -0.92% |
Each reaction is the move the market actually made, measured from the news timestamp. Headlines link through to the TOPS section they belong to.
Where else TOPS is measured.
TOPS earnings → · Analyst actions → · SEC filings →
Other Industrials names, measured the same way
| Ticker | Events | Median 30-min | % positive |
|---|---|---|---|
| Manitex International, Inc. - common stock (MNTX) | 122 | 0.00% | 45% |
| Polar Power, Inc. (POLA) | 122 | 0.00% | 48% |
| REGI US INC (RGUS) | 121 | 0.00% | 13% |
| Staffing 360 Solutions, Inc. (STAF) | 121 | 0.00% | 48% |
Same sector, same measurement: percent move vs. the price at the news timestamp, read at 30 minutes. Sample sizes differ, so the medians are comparable but the confidence behind them is not.
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How the numbers are made.
How is TOP Ships, Inc.'s median reaction calculated?
Every labeled TOPS news event is measured from its own timestamp: the last trade before the news is the base price, and the move is read at fixed horizons — 30 minutes of trading, then the close. The median across 122 events is what this page reports. Point-in-time, zero look-ahead: no event borrows information from a later one.
What counts as a positive reaction?
Any event whose price move is above zero at the horizon, relative to the last trade before the news timestamp. 52% of TOPS's measured events are up at 30 minutes; the rest close the window flat or negative.
How often is this page updated?
The news table refreshes automatically as new events are labeled and priced. The reaction medians are re-pulled in batches from the dataset — the figures here are as of 2026-09-21.
Does TOPS's past reaction predict its next one?
No. These are realized facts about past events, not forecasts. They describe a distribution — they say nothing certain about any future move.