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PEI News and Press, Pennsylvania Real Estate Investment Trust From 07/05/22

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

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PEI - MICS, AERC: 5 Top Short Squeeze Stocks to Watch

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Alextype/Shutterstock.com With a new week comes all of the latest short-squeeze stocks that investors are going to want to keep an eye on! Short-squeeze stocks are popular with retail traders looking to pump...

PEI - PREIT pays down $82M of debt through asset sales, excess cash

Pennsylvania REIT ( NYSE: PEI ), also known as PREIT, said Tuesday it paid down debt by $82M through June 30, 2022, by using asset sale proceeds and excess cash from operations. The REIT recently sold the Moorestown Mall land for $12M, which will be used to build 375 res...

PEI - PREIT Closes on Sale of Multi-Family Land at Moorestown Mall with Year-To-Date Asset Sale Proceeds and Excess Cash from Operations Used to Reduce Debt by $82 million

PREIT Closes on Sale of Multi-Family Land at Moorestown Mall with Year-To-Date Asset Sale Proceeds and Excess Cash from Operations Used to Reduce Debt by $82 million PR Newswire PHILADELPHIA , July 5, 2022 /PRNewswire/ -- PREIT (NYSE: PEI), today, announced ...

PEI - Northern Lights Acquisition, Cipher Mining leads financial gainers; PREIT, Bitfarms among major losers

Gainers: Northern Lights Acquisition ( NLIT ) +18%, Cipher Mining ( CIFR ) +9%, Qudian ( QD ) +6%, Fathom ( FTHM ) +7%, IRSA Inversiones y Representaciones Sociedad Anonima ( IRS ) +4% . Losers: Pennsylvania Real Estate Investment Tr...

PEI - Fathom, Siebert Financial leads financial gainers; Zhong Yang Financial, Redbox Entertainment among major losers

Gainers: Fathom (FTHM) +13%, Siebert Financial (SIEB) +8%, Invesco Mortgage Capital (IVR) +8%, Monroe Capital (MRCC) +7%, Arlington Asset Investment (AAIC) +4%. Losers: Zhong Yang Financial (TOP) -16%, Redbox Entertainment (RDBX) -14%, Pennsyl...

PEI - RDBX, REV: The Top 5 Short Squeeze Stocks to Watch This Week

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Shutterstock Short squeeze stocks are a hot topic this week as retail traders look for the best shares to pump and push hedge funds out of. This has us looking over the latest short squeeze stocks list from...

PEI - 3 Short Squeeze Penny Stocks To Watch Before Next Week

Short squeeze penny stocks are growing in popularity as the stock market attempts to recover. The simple idea is that if the market is turning bullish, all of the beaten-down names could have large short positions in them. The larger the short, the higher the potential for a squeeze, or...

PEI - PREIT finalizes sale of 25% interest in Gloucester Premium Outlets

PREIT (NYSE:PEI) has finalized the sale of its 25% interest in the entity that owns Gloucester Premium Outlets. The gross consideration to the company from this transaction was $35.4M, consisting of $14M in cash plus $21.4M of debt reduction. PREIT used the cash portion of the proceeds to pay...

PEI - PREIT Closes on Sale of Interest in Gloucester Premium Outlets, Reducing Debt by $35.4 Million

PREIT Closes on Sale of Interest in Gloucester Premium Outlets, Reducing Debt by $35.4 Million PR Newswire Marks key step in executing on the Company's capital plan PHILADELPHIA , June 23, 2022 /PRNewswire/ -- PREIT (NYSE: PEI), today, an...

PEI - The Marygold, SAI.TECH Global leads financial gainers; Redbox Entertainment, PREIT among major losers

Gainers: The Marygold (MGLD) +7%, SAI.TECH Global (SAI) +6%, Zhong Yang Financial (TOP) +6%, Palomar PLMR +6%, Lemonade (LMND) +5%. Losers: Redbox Entertainment (RDBXW) -19%, Redbox Entertainment RDBX -13%, Pennsylvania Real Estate Investment ...

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