TPHS Stock Recent News
TPHS LATEST HEADLINES
NEW YORK--(BUSINESS WIRE)--Trinity Place Holdings Inc. (OTC PINK: TPHS) (the "Company," "we," "our," or "us") today announced operating results for the first quarter ended March 31, 2025. First quarter 2025 Results Revenue for the first quarter of 2025 was $0.2 million, a decrease of 90%, as compared to revenue of $2.4 million in the same period of the prior year. Net loss was $3.7 million, or $(0.06) per share, for the first quarter of 2025, as compared to net income of $8.1 million, or $0.15.
NEW YORK--(BUSINESS WIRE)--Trinity Place Holdings Inc. (OTC: TPHS), an intellectual property and real estate holding, investment, development and asset management company (“TPHS” or the “Company”), announced today that, as of May 20, 2025, the Company's joint venture membership interests in TPHGreenwich Holdings LLC (“TPHGreenwich”), including the Company's right to distributions under the TPHGreenwich Second Amended and Restated Limited Liability Company Operating Agreement, have been transfer.
Trinity Place (NYSEMKT: TPHS ) stock is rising higher on Friday alongside heavy trading of the real estate holding, investment, development, and asset management company's shares. This has more than 14.6 million shares of TPHS stock changing hands as of this writing.
For an unclear reason, shares of Trinity Place (NYSEMKT: TPHS ) — a real estate holding, investment, development and asset management firm — soared over 120% on Monday. No immediate corporate-specific news explains the dramatic lift in TPHS stock.
Trinity Place (NYSEMKT: TPHS ) stock is on the rise Wednesday after the real estate holding company announced a forbearance agreement update. This news comes from a new filing with the Securities and Exchange Commission (SEC).
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.