Amazon Buying Its Own Warehouse Space: Will That Hurt Industrial REITs?
The COVID-19 pandemic greatly changed the way Americans shopped. Online purchases soar as people stayed home in fear of going into malls or stand-alone stores.
Earnings Scheduled For February 14, 2023
Companies Reporting Before The Bell
• WESCO International (NYSE:WCC) is projected to report quarterly earnings at $3.79 per share on revenue of $5.37 billion.
Preview: Industrial Logistics’s Earnings
Industrial Logistics (NASDAQ:ILPT) is set to give its latest quarterly earnings report on Tuesday, 2023-02-14. Here’s what investors…
Industrial Logistics’s Ex-Dividend Date Is Friday, Here’s What You Need To Know
Thursday marks the last chance for investors to receive the next dividend payout from Industrial Logistics (NASDAQ:ILPT). What’s…
Dow Gains 150 Points After Fed Minutes
U.S. stocks traded higher toward the end of trading, following the release of minutes from the FOMC meeting.
These 3 REITs Are Down Over 50% This Year
Real estate was one of the worst-performing sectors in 2022, as rising interest rates and low demand pummeled both residential and commercial real estate investment trusts (REITs). The Real Estate Select Sector SPDR ETF has declined by 27.8% year to date. In comparison, the benchmark S&P 500 index is down only 19.7% in 2022.
Stocks That Hit 52-Week Lows On Tuesday
Tuesday's session saw 325 companies set new 52-week lows.
Stocks That Hit 52-Week Lows On Thursday
Thursday's session saw 329 companies set new 52-week lows.
The 3 Best-Performing Industrial REITs Over The Past 4 Weeks
Although real estate investment trusts (REITs) in general have fared pretty well over the past month, the industrial sector has lagged behind REITs in other property sectors. Rising interest rates and recessionary fears continue to hit this segment of REITs hard.
