Arbor Realty Trust gains 7% on inclusion in SmallCap 600
Jun. 20, 2023 6:00 PM ETArbor Realty Trust, Inc. (ABR), ROCCBy: Jason Aycock, SA News Editor18 Comments
Kwarkot
- Arbor Realty Trust (NYSE:ABR) jumped 7.3% after hours Tuesday on word that the stock is joining the S&P SmallCap 600 index.
- ABR will displace Ranger Oil (NASDAQ:ROCC), which was acquired by Baytex Energy in a deal that closed Tuesday.
- Arbor Realty's entry into the 600 is effective prior to the open of trading on Friday, June 23.
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Comments (18)
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Steve Fischer
Yesterday, 7:56 PM
Officers and directors have been buying during the last month- I trust them even more than some of the fake names on Alpha GASP! That 12% dividend isnt bad either.
Brute80
Yesterday, 7:08 PM
The final nail in the Ningi short coffin. Hahaha, those guys are awesome! I’m officially following anything else they short for a wonderful opportunity to go long.
r
redhook99
Yesterday, 7:06 PM
Huh! Wanted to add more very soon. Funny I own BTE that made the open spot.
Pinguino Investments
Yesterday, 7:00 PM
Added to my position in March when the share price dropped below $11.
fastmph
Yesterday, 6:29 PM
Missed a nice drop during market hours today, planned on adding more tomorrow.
Oh well…
Oh well…
Bilbozark
Yesterday, 6:25 PM
Yup! Take a look at the FRR. Uh-huh.
Blobfish
Yesterday, 6:57 PM
@Bilbozark what is FRR?
t
Income4ever aka Cyclenut
Yesterday, 6:16 PM
Let's see if this tames ABR consistenly extreme volatility....
Large pops then drops has been the pattern for years
Large pops then drops has been the pattern for years
r
rsmoney
Yesterday, 6:24 PM
@Income4ever aka Cyclenut As a dividend investor, those large drops are buying opportunities generally, so I'll be sorry to see them go.
g
goodfellasfinancial
Yesterday, 6:40 PM
@Income4ever aka Cyclenut collect the dividend, what's it matter
littlecubbie2019
Yesterday, 7:00 PM
@Income4ever aka Cyclenut yes it would be nice but gaps down provide the opportunity
p
D
Dow500k
Yesterday, 6:53 PM
@patientmike those ninja clowns just got their rat heads squeezed right off