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WPG News and Press, Washington Prime Group Inc. From 02/16/21

Stock Information

Company Name: Washington Prime Group Inc.
Stock Symbol: WPG
Market: NYSE
Website: washingtonprime.com

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WPG - PTVCB leads financial gainers, WPG and FTHM among losers

Gainers: Protective Insurance (PTVCB) +53%. Xinyuan Real Estate (XIN) +33%. FinVolution Group (FINV) +26%. Futu Holdings (FUTU) +21%.Losers: Washington Prime Group (WPG) -33%. loanDepot (LDI) -11%. Upstart Holdings (UPST) -10%. ARYA Sciences Acquisition (ARYA) -9%. Fathom Holdings (FTHM) -8%....

WPG - SOS, WPG, CAN and BLUE among midday movers

Gainers: Luokung Technology (LKCO) +112%.Kubient (KBNT) +63%.SOS (SOS) +58%.Torchlight Energy Resources (TRCH) +54%.Protective Insurance (PTVCB) +53%.500.com (WBAI) +45%.ALJ Regional (ALJJ) +45%.Urban Tea (MYT) +44%.Canaan (CAN) +36%.Applied Genetic Technologies (AGTC) +32...

WPG - Why Washington Prime Group Stock Plummeted 29% Today

Mall-focused real estate investment trust (REIT) Washington Prime Group (NYSE: WPG) lost nearly 30% of its value in the first hour of trading on Feb. 16. There was no question about why: The company filed a very concerning update with the SEC. The first big piece of news in ...

WPG - Thoughts On Washington Prime Debt, Preferred, And Common Stock In 2021

From the 11% yield of the preferred stock to the 17% YTM of the unsecured debt, high yield investors are likely enamored by WPG. Leverage runs high at 11.3 times debt to EBITDA. WPG will likely need to invest heavily in redevelopment projects over the next several years. I com...

WPG - PLTR, BLUE among premarket losers

bluebird bio (BLUE) -30% after suspending sickle cell disease trial.Hepion Pharmaceuticals (HEPA) -28% after pricing stock offering.Cortexyme (CRTX) -26% after regulatory update on Atuzaginstat in Alzheimer’s Disease.Neptune Wellness Solutions (NEPT) -21%&...

WPG - Washington Prime to prepay senior exec bonuses, with a string attached

Washington Prime Group (WPG) modifies aspects of its compensation plan after a review of the program for its entire workforce as a way to "incentivize and retain its employees in light of the unprecedented climate created by COVID-19 related market impacts," according to a filing submitted la...

WPG - REITs Rally As Earnings Impress

U.S. equity markets rebounded from their worst week since October as stronger-than-expected corporate earnings reports and recent economic and coronavirus data suggested a sooner-than-feared return to normalcy. Delivering a "perfect week" with gains on all-five trading days, the S&...

WPG - Washington Prime: Avoid The Dash For Trash

Washington Prime stock surged in January, even though NOI plunged in 2020. Anchor vacancies are piling up across Washington Prime's portfolio, and the REIT will be hard-pressed to backfill those vacancies as fast as they appear. Washington Prime will have to spend all of its cash ...

WPG - Shelby's Sugar Shop® Sweetens Town Center Experience through Nostalgic Confectionary Wonderland

Striving to provide guests with unique, multi-sensory experiences, Washington Prime Group (NYSE: WPG) continues to find new ways to expand and enhance its brands. One example, Shelby’s Sugar Shop ® , a sweet creation by the Company, has been creating cheer through its ar...

WPG - JRJC among financial gainers, LACQ and SIEB among losers

Gainers: China Finance Online (JRJC) +16%. Newmark Group (NMRK) +16%. Silvergate Capital (SI) +14%.Losers: Leisure Acquisition (LACQ) -23%. Siebert Financial (SIEB) -13%. Washington Prime Group (WPG) -12%. Tuscan Holdings (THCB) -12%. For further details see: JRJC among financial gainer...

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