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CDR News and Press, Cedar Realty Trust Inc. From 06/30/22

Stock Information

Company Name: Cedar Realty Trust Inc.
Stock Symbol: CDR
Market: NYSE
Website: cedarrealtytrust.com

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CDR - Shares of Cedar Realty Trust Inc. (CDR) Rise to a New 52-Week High

Cedar Realty Trust Inc. (NYSE:CDR) traded at a new 52-week high today of $28.98. This new high was reached on below average trading volume as 100,000 shares traded hands, while the average 30-day volume is approximately 256,000 shares. Cedar Realty Trust Inc. (NYSE:CDR) defies analysts w...

CDR - Shares of Cedar Realty Trust Inc. (CDR) Rise Above Previous 52-Week High

Shares of Cedar Realty Trust Inc. (NYSE:CDR) traded at a new 52-week high today of $28.96. So far today approximately 65,000 shares have been exchanged, as compared to an average 30-day volume of 271,000 shares. Cedar Realty Trust Inc is a real estate investment trust that focuses on own...

CDR - Merger Arbitrage Mondays: Zendesk To Be Acquired By Permira And Hellman & Friedman

Zendesk to be acquired by an investor group led by investment firms Permira and Hellman & Friedman in an all-cash transaction valued at approximately $10.2 billion. The price that Zendesk finally settled for was 40% below the midpoint of the original offer made by the same group o...

CDR - Bad News Is Good News

U.S. equity markets rebounded this week - just the second positive week in the past twelve - as interest rates moderated on further signs of softening global growth while resilient housing data calmed market jitters. Rebounding from its worst week since the depths of the pandemic, the...

CDR - Cedar Realty jumps after judge denies motion to block sale to Wheeler (update)

Update 1:30pm: Adds judge's official denial Cedar Realty Trust (NYSE:CDR) soared 7.7% after a judge denied an effort to temporarily block the REIT's $29/share sale to Wheeler Real Estate Investment Trust (NASDAQ:WHLR). Cedar Realty preferreds (NYSE:CDR.PC) plunged 15%. Cedar Re...

CDR - Cedar Realty jumps after judge looks to deny motion to block sale to Wheeler

Cedar Realty Trust (NYSE:CDR) soared 6.3% after a judge appeared that he was going to deny an effort to temporarily block the REIT's sale to Wheeler Real Estate Investment Trust (NASDAQ:WHLR). Cedar Realty Trust announced its sale to Wheeler (WHLR) and several other transaction for ...

CDR - Cedar Realty jumps after judge looks to denies motion to block sale to Wheeler

Cedar Realty Trust (NYSE:CDR) rose after a judge appeared that he was going to deny an effort to temporarily block the REIT's sale to Wheeler Real Estate Investment Trust (NASDAQ:WHLR). Cedar Realty Trust announced its sale to Wheeler (WHLR) and several other transaction for a total of $29/sh...

CDR - Merger Arbitrage Mondays: Prologis Acquires Duke Realty For $26 Billion

After rejecting two prior offers from Prologis, Duke Realty entered into a definitive agreement to be acquired by Prologis in an all-stock deal valued at $26 billion. Continental Resources received a non-binding proposal from its founder, Harold Hamm, to acquire all outstanding shares...

CDR - Coinbase Global, Sofi among the top ten financial additions to Russell 3000 Index, Ocwen Financial, Metromile among top deletions

In its 34th annual Russell indexes annual reconstitution, following financials/real estates stocks will be added to and deleted from the Russell 3000 Index. While UnitedHealth and Nvidia replaced financial companies JPMorgan Chase and Visa in top 10  largest companies by market cap in Ru...

CDR - Shopping Center REITs: Winning The Last Mile

Shopping Center REITs are the second-best performing major property sector this year - significantly outpacing their mall REIT peers, despite the recent "retail rout" and moderation in stimulus-fueled retail spending trends. After a surge in store closings during the pandemic, the num...

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