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News / Stocks

OTC Tip Reporter Highlights Market News From Redwood Trust, BurgerFi, and Discovery

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Read Today’s Highlights on Redwood Trust, BurgerFi, and Discovery

Redwood Trust indicates 40% rise in Select jumbo residential loans; schedules Q3 earnings
- In its Q3 business update, Redwood Trust (RWT +4.6%) locked $2B+ of Select jumbo residential loans with 70+ discrete sellers, a 40% Y/Y increase in Select locks.

BurgerFi names Julio Ramirez as CEO
- OPES Acquisition's (OPES -1.0%) business combination target, BurgerFi International, has named Julio Ramirez, as CEO.

RBC reiterates Outperform on Discovery, seeing 24% upside
Discovery (NASDAQ:DISCA) is up 0.5% following RBC reiterating its Outperform rating heading into the company's Q3 earnings.

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