Twitter
Link your Twitter Account to Market Wire News
When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
PEI - A Rational Look At Pennsylvania Real Estate Investment Trust In An Irrational Trading Market
January, 20 2021 10:31 AM
Pennsylvania Real Estate Investment Trust
The recent Ch.11 bankruptcy process actually increased debt and made the mall REIT even more leveraged. PEI rose 39.7 % to $1.90 post-market on January 19 from $1.36 the prior day. Management's financial projections contained in the disclosure statement are irrational. Revenue has declined sharply from last year and the outlook remains very uncertain given the current and future economy. For further details see:
A Rational Look At Pennsylvania Real Estate Investment Trust In An Irrational Trading Market
Stock Information
Company Name:
Pennsylvania Real Estate Investment Trust
Stock Symbol:
PEI
Market:
NYSE
Get PEI Alerts
News, Short Squeeze, Breakout and More Instantly...
Market Wire News is a media platform, the information on this page was provided by SeekingAlpha via Quote Media. Read our full disclaimer .