Actionable Stock Market Trading Newswire. Built for Traders, by Traders.
Read More

New 2022 Lows For These 3 REITs

The carnage in the real estate investment trust sector continues as new names hit new 52-week lows. The effect of rising interest rates is hitting the group hard and it’s not clear when the Fed might “pivot” to lower rates – late 2023, early 2024? In the meantime, these rate-sensitive REITs are not attracting buyers the way they used to.

AHT