Top Ships (TOPS) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Top Ships Inc. has expanded its fleet with the acquisition of the 47-meter megayacht ‘PARA BELLUM’ for $20 million, partly funded by existing cash and a secured loan. The newly built yacht, managed by Central Mare Inc., is set to bolster the company’s short-term charter operations. The deal was given the green light by an independent board committee, backed by a third-party fairness opinion.
For further insights into TOPS stock, check out TipRanks’ Stock Analysis page.
