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Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) today announced financial and operating results for the second quarter of 2023. Second Quarter 2023 Results and Recent Developments AAMC obtained a favorable ruling in...
Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) will host a conference call and live webcast on August 14, 2023, at 4:15 p.m. EDT to discuss the results of the second quarter ended June 30, 2023. Please submit any questions in ad...
Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) announced today that the Board of Directors has approved and declared a two-for-one split of AAMC’s common stock in the form of a stock dividend. “The stock divide...
2023-06-17 07:59:39 ET Listen on the go! A daily podcast of Wall Street Breakfast will be available this morning on Seeking Alpha , iTunes , Stitcher and Spotify . For further details see: Wall Street Breakfast: What Moved Markets
2023-06-15 12:00:14 ET Gainers: Leju Holdings ( LEJU ) +22% . InnSuites Hospitality Trust ( IHT ) +17% . Oxbridge Re Holdings ( OXBR ) +9% . Altisource Asset Management ( AAMC ) +8% . Altisource Portfolio Solutions ( ASPS ) +8%...
Altisource Asset Management Corporation (NYSE: AAMC) announced today that the Supreme Court of the State of New York, Appellate Division, First Judicial Department issued a ruling in favor of the company that it did not breach any contractual obligation to redeem preferred shares held by Luxor Ca...
2023-06-12 17:07:46 ET Altisource Asset Management ( NYSE: AAMC ) said on Monday John P. de Jongh, Jr., its former chairman as well as former governor of the U.S. Virgin Islands, voluntarily resigned from the company's board to avoid distractions from the operations of the compa...
In light of today’s litigation settlement by JPMorgan Chase & Co. and given that AAMC is based in the U.S. Virgin Islands, the company issued the following statement: Altisource Asset Management Corporation (NYSE: AAMC) has had no known personal, financial or business interacti...
2023-06-12 12:05:12 ET Gainers: Tian Ruixiang Holdings ( TIRX ) +18% . NET Power ( NPWR ) +10% . Leju Holdings Limited ( LEJU ) +10% . SoFi Technologies ( SOFI ) +9% . Cipher Mining ( CIFR ) +7% . Losers: Beneficient ( ...
2023-05-31 10:00:00 ET Summary Altisource was for many years a cash shell company that traded at a discount to net cash as it slowly leaked value for almost a decade. The value proposition radically changed when a decision was made to hire CEO Jason Kopcak to use Altisource assets...
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On May 31, 2024, Altisource Asset Management Corporation (the “Company”) received a notification letter (the “Notice”) from the NYSE American LLC (the “NYSE American”) advising that the Company is not in compliance with the NYSE American continued listing...
Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) posts the following letter to shareholders: Dear Fellow Shareholders: From my perspective, one of the most important assets of AAMC is our interest in the EV Alpha Control S...
Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) posts the attached progress report for May 2024 concerning Project Alpha, Phase II, presented by Seabird Technologies Limited in connection with that certain Non-Exclusive Patent an...