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Sundance Energy (SNDE) -42% on filing for voluntary Chapter 11 protection to strengthen balance sheet and position business for sustained future success, commences financial restructuring with lender support.INVO Bioscience (INVO) -17%.Tupperware Brands TUP -10% on Q4 earnings ...
Washington Prime Group (WPG) is paring some earlier gains, still up 100%, after a tweet claiming that "Mall owner is said to revoke bankruptcy filing," which seemingly appears to be from a Bloomberg story.Bloomberg has not published a headline or any story like this, according to traders.Wash...
Gainers: Washington Prime Group (WPG) +57%. Marathon Digital Holdings (MARA) +28%. Futu Holdings (FUTU) +22%. 360 DigiTech (QFIN) +20%. UP Fintech Holding (TIGR) +19%.Losers: Reliance Global Group (RELI) -10%. FedNat Holding (FNHC) -10%. OP Bancorp (OPBK) -9%. GoHealth (GOCO) -8%. World Accep...
Gainers: Exela Technologies (XELA) +163%.Oragenics (OGEN) +47%.ReneSola (SOL) +42%.Auris Medical (EARS) +39%.The9 (NCTY) +37%.Canaan (CAN) +36%.AnPac Bio-Medical Science (ANPC) +36%.Riot Blockchain (RIOT) +35%.Washington Prime (WPG) +30%.Socket Mobile (SCKT) +23%.Losers: G...
In case you missed it, I wrote an article last week titled "Washington Prime: Another One Bites The Dust." I do hope WPG manages to make it out the other side of Chapter 11. I don’t think it can, but I want it to all the same. That’s why I’m turning to another...
Overshadowed by concerns about rising interest rates, a frenzy of real estate earnings reports over the last month have provided critical information on the state of the real estate industry. Roughly two-thirds of the 170 equity REITs in our coverage universe beat consensus FFO estima...
Gainers: Dragon Victory International (LYL) +21%. MBIA (MBI) +20%. Pennsylvania Real Estate Investment Trust (PEI) +18%. OP Bancorp (OPBK) +16%.Losers: KE Holdings (BEKE) -12%. UP Fintech Holding (TIGR) -10%. First Bank (FRBA) -8%. Washington Prime Group (WPG) -8%. For further details ...
Anchiano Therapeutics (ANCN) +66%.Second Sight Medical Products (EYES) +38%.OpGen (OPGN) +29% after publication of final study results of Unyvero HPN Panel.Net Element (NETE) +19% on strategic partnership with Mullen technologies.Athene Holding Ltd. (ATH) +18%...
U.S. equity markets were mostly higher on a volatile week as investors remain skittish about a potential "overheating" U.S. economy and the implications for interest rates, inflation, and equity valuations. Bouncing back following two weeks of declines, the S&P 500 gaine...
As the reality of 2020 sunk in, we authored a piece describing the pending demise of Washington Prime Group. We ran the numbers and there was no path for the REIT to make interest and debt payments in a timely fashion with the cash flow available from the portfolio. This piece wil...
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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...