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home / news releases / NYMTM - 10% Yields Created By Hectic Market Preferred Shares Offer Huge Discounts


NYMTM - 10% Yields Created By Hectic Market Preferred Shares Offer Huge Discounts

This research report was produced by The REIT Forum with assistance from Big Dog Investments.

It has been a very hectic week for preferred shares and Friday was no exception.

Friday and Thursday were the two most exciting days of the week. On Thursday, the entire sector plunged. On Friday, many of the shares bounced back, but a few declined even further.

For investors who are concerned that they may be missing something “the market” understands, Friday’s charts should ease your mind.

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Stock Information

Company Name: New York Mortgage Trust Inc. 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
Stock Symbol: NYMTM
Market: NYSE
Website: nymtrust.com

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