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MDRR News and Press, Medalist Diversified REIT Inc. From 06/26/21

Stock Information

Company Name: Medalist Diversified REIT Inc.
Stock Symbol: MDRR
Market: NASDAQ
Website: medalistreit.com

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MDRR - Walking An Inflation Tightrope

U.S. equity markets rebounded following the worst week since February on promises of bipartisan progress on a significantly slimmed-down infrastructure package, reflecting concern that additional stimulus could further inflame inflation. Delivering its best week since February and clo...

MDRR - Fed Sparks Sell-Off As Shortages Worsen

U.S. equity markets slid to their worst week since February after the Federal Reserve accelerated its "lift-off" plans in response to surging inflation, sparking a sell-off in economically sensitive assets. Snapping a three-week winning streak and retreating from record-highs set...

MDRR - Inflation Is Worse Than It Looks

U.S. equity markets rallied to fresh record highs this past week as long-term interest rates retreated despite inflation data showing the highest annual rise in consumer prices in decades. A seemingly insatiable bid for Treasury Bonds - a counterintuitive trend that some analysts like...

MDRR - GEO Group leads financial gainers, Carver Bancorp and Capital Bancorp among losers

Gainers: The GEO Group (GEO) +51%. Root (ROOT) +24%. Invesco Mortgage Capital (IVR) +23%. Medalist Diversified REIT (MDRR) +21%. CoreCivic (CXW) +19%.Losers: Carver Bancorp (CARV) -14%. InnSuites Hospitality Trust (IHT) -10%. Ucommune International (UK) -10%. Capital Bancorp (CBNK) -9%. Virtu...

MDRR - Medalist Diversified REIT Announces the Execution of a Sales Contract for the Hampton Inn in Greensboro, North Carolina

Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the “Company” or “Medalist”), is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S. On June 2, 202...

MDRR - REITs Getting Short Squeezed

U.S. equity markets flirted with fresh record-highs this week as concerns regarding economic "overheating" cooled after employment data showed that job growth fell short of expectations for the second straight month. Finishing on the cusp of fresh record-highs, the S&P 500 rallied...

MDRR - Rents Are Surging Again

U.S. equity markets rallied this past week as long-term inflation expectations eased following a lukewarm slate of economic data and as massive new government spending programs face diminishing public support. Snapping a two-week skid, the S&P 500 rallied 1.2% on the week. Bitcoin...

MDRR - The State Of REITs: May 2021 Edition

REITs extended their 2021 winning streak yet again with a +6.2% average total return in April. Large cap REITs (+8.78%) outperformed again in April, while micro caps (-0.70%) declined for the second month in a row. Eighty-nine percent of REIT securities had a positive total r...

MDRR - REITs Aren't Cheap Anymore

REITs recorded a sequential improvement across all critical metrics in Q1, powering a historic wave of dividend growth in early 2021. However, several harder-hit property sectors are far from fully-recovered. The Great Financial Crisis resulted in long-term, lasting pain for the real ...

MDRR - Medalist Diversified REIT Announces Extension of Clemson University Rental Agreement Through May 2022 for Its Clemson Best Western Property

Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the “Company” or “Medalist”), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., today announced that...

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