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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...
While real estate stocks look relatively strong in Monday's trading, most of the gains are coming from the data center REIT sector.The Global X Data Center REITs and Digital Infrastructure ETF (VPN) climbs 3.4% in early afternoon trading in New York; by name Crown Castle Internation...
Gainers: Tuscan Holdings (THCB) +33%. Star Peak Energy Transition (STPK) +24%. A-Mark Precious Metals (AMRK) +22%. CURO Group Holdings (CURO) +19%.Losers: Siebert Financial (SIEB) -16%. Lion Group Holding (LGHL) -15%. LM Funding America (LMFA) -12%. The Macerich (MAC) -11%. Washington Prime G...
U.S. equity markets posted their worst week since October amid an ongoing "short squeeze saga" that raised questions regarding market stability, overshadowing a strong week of earnings reports and economic data. Impacted by the fallout from the ongoing battle between institutiona...
The breathtaking surge in GameStop - along with a swelling number of heavily-shorted stocks - has sent shockwaves through financial markets amid an ongoing battle between institutional and self-directed investors. Initially set into motion by a sharp vaccine-driven rally from many "CO...
Washington Prime Group Inc. (NYSE: WPG) today provided an update on adaptive reuse initiatives at Mesa Mall in Grand Junction, Colorado. Dick’s Sporting Goods, with its first location in Grand Junction, will replace the space formerly occupied by Herberger’s, and construct...
After a fairly uneventful morning, shares of Tanger Factory Outlet Centers (NYSE: SKT) rose a dramatic 23% in afternoon trading on Tuesday. And it wasn't the only mall-focused real estate investment trust (REIT) to rocket higher, with The Macerich Company (NYSE: MAC) ...
Real estate earnings season kicks off this week with more than 175 equity REITs, 40 equity REITs, and dozens of housing industry companies reporting earnings over the next five weeks. While missed rents and dividend cuts were the prevailing themes in the REIT sector in mid-2020, the v...
Washington Prime Group Inc. (NYSE: WPG) today announced the 2020 tax reporting information (Federal Form 1099) for distributions as shown below. The distributions relate to its common shares, Series H Cumulative Redeemable Preferred Shares of Beneficial Interest and Series I Cumulative ...
Lenders will act rationally and in their self-interest, and therefore will not force a liquidation so shortly after PREIT's emergence from Chapter 11 restructuring in this distressed market. In the worst case scenario, the downside risk for common and preferred shares are similar, wit...
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Washington Prime Group Inc. (NYSE: WPG) today announced its intention to voluntarily delist from the New York Stock Exchange (the “NYSE”) its shares of common stock (the “Common Stock”), 7.5% Series H Cumulative Redeemable Preferred Stock (the “Series ...
Washington Prime Group Inc. (NYSE: WPG) today announced that Landmark Theatres will become the premier movie theatre operator at Scottsdale Quarter® (“The Quarter”), an open-air lifestyle center and mixed-use property located in Scottsdale, Arizona. The addition of La...