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PEI News and Press, Pennsylvania Real Estate Investment Trust From 01/22/21

Stock Information

Company Name: Pennsylvania Real Estate Investment Trust
Stock Symbol: PEI
Market: NYSE

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PEI - CLII leads financial gainers, OPI and NMIH among losers

Gainers: Climate Change Crisis Real Impact I Acquisition (CLII) +57%. Silvergate Capital (SI) +13%. Pennsylvania Real Estate Investment Trust (PEI) +12%. Decarbonization Plus Acquisition (DCRBU) +11%.Losers: NMI Holdings (NMIH) -10%. Kaixin Auto Holdings (KXIN) -9%. Office Properties Income T...

PEI - Alert Bill Ackman: PREIT Could Be The Next GGP

PREIT looks a lot like GGP in 2008, with high risk, and high potential reward. PREIT is currently trading at 4% of its 2016 peak of $25, despite taking action to offload high cap rate non-core malls in tertiary markets. At $1.70 per share, PREIT is currently trading at an 85% disc...

PEI - TPHS leads financial gainers, MARA and PEI among losers

Gainers: Trinity Place Holdings (TPHS) +18%. eXp World Holdings (EXPI) +17%. dMY Technology Group (DMYD) +16%. Qudian (QD) +14%. KE Holdings (BEKE) +14%.Losers: Marathon Patent Group (MARA) -14%. Northern Genesis Acquisition (NGA) -9%. Presidio Property Trust (SQFT) -8%. Pennsylvania Real Est...

PEI - A Rational Look At Pennsylvania Real Estate Investment Trust In An Irrational Trading Market

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...

PEI - PREIT Reports Tax Status of 2020 Distributions

PREIT Reports Tax Status of 2020 Distributions PR Newswire PHILADELPHIA , Jan. 19, 2021 /PRNewswire/ -- PREIT (NYSE: PEI) today announced that the tax status of the distributions paid per share during 2020 is as follows: The above reflect...

PEI - PEI leads financial gainers, MGI and NGA among losers

Gainers: Pennsylvania Real Estate Investment Trust (PEI) +38%. Stable Road Acquisition (SRACU) +25%. Trinity Place Holdings (TPHS) +22%. Stable Road Acquisition (SRAC) +22%. Futu Holdings (FUTU) +19%.Losers: World Acceptance (WRLD) -12%. MoneyGram International (MGI) -11%. Northern Genesis Ac...

PEI - TRXC, GEVO, FVRR and LITE among midday movers

Gainers: Aclaris Therapeutics (ACRS) +184%.Gritstone Oncology (GRTS) +111%.Gevo (GEVO) +76%.Senseonics (SENS) +72%.TransEnterix (TRXC) +62%.Dare Bioscience (DARE) +57%.ENDRA Life Sciences (NDRA) +41%.Pennsylvania Real Estate Investment Trust (PEI) +41%.Tenax Therapeutics (TENX)...

PEI - Why Macerich, Tanger Outlet Centers, Seritage, and Pennsylvania REIT Rallied Today

Shares of mall-focused real estate investment trust (REIT) Macerich (NYSE: MAC) took off out of the gate today, rising as much as 18% in morning trading. Following along for the ride was peer Pennsylvania REIT (NYSE: PEI) , which jumped an incredible 29%. Tanger Factor...

PEI - PEI leads financial gainers, LGHL and ATIF among losers

Gainers: Pennsylvania Real Estate Investment Trust (PEI) +36%. Stable Road Acquisition (SRACU) +25%. Stable Road Acquisition (SRAC) +21%. Ashford Hospitality Trust (AHT) +17%. GigCapital3 (GIK) +15%.Losers: Kentucky First Federal Bancorp (KFFB) -10%. Lion Group Holding (LGHL) -10%. ATIF Holdi...

PEI - FCEL, GME, MAXR and FCAU among midday movers

Gainers: Datasea (DTSS) +90%.Lexicon Pharmaceuticals (LXRX) +85%.Pennsylvania Real Estate Investment Trust (PEI) +50%.DPW Holdings (DPW) +36%.Organogenesis (ORGO) +34%.Acacia Communications (ACIA) +33%.Bicycle Therapeutics (BCYC) +31%.AeroVironment (AVAV) +29%.Maxar Technologie...

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