Rithm (RITM) Stock Drops Despite Market Gains: Important Facts to Note
RITMRithm Capital (RITM) ZACKS·2024-09-12 07:16

Rithm (RITM) closed the latest trading day at $11.42, indicating a -1.38% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 1.07%. Meanwhile, the Dow gained 0.31%, and the Nasdaq, a tech-heavy index, added 2.17%.Heading into today, shares of the real estate investment trust had gained 4.04% over the past month, lagging the Finance sector's gain of 4.06% and outpacing the S&P 500's gain of 2.92% in that time.The investment community will be paying close a ...