EdgeWater 1/11/2011 11:37:32 PM
News / Business

Property Management Stock Movers (RAS, BPO, CBG, CIM)

Property Management Stock Movers

RAIT Financial Trust (NYSE:RAS) jumped 9.27% to $2.83. RAIT Financial Trust is a self-managed and self-advised real estate investment trust (REIT).

The stock has average daily volume of 3.11 million shares. At today’s closing market price, the market capitalization of the company stands at $279.91 million.

Brookfield Properties Corporation (USA) (NYSE:BPO) added 0.87% to $17.37. Brookfield Properties Corporation is a North American commercial real estate company.

The stock opened at $17.10 and was trading within the range of $17.03-$17.43.

CB Richard Ellis Group, Inc. (NYSE:CBG) slid 0.58% to $20.58. The stock has a 52-week range of $12.05-$21.53. The stock has average daily volume of 3.29 million shares. At today’s closing market price, the market capitalization of the company stands at $6.65 billion.

Chimera Investment Corporation (NYSE:CIM) fell 1.20% to $4.10. The stock opened at $4.13 and was trading within the range of $4.10-$4.15.

Chimera Investment Corporation is a specialty finance company that invests, either directly or indirectly through its subsidiaries, in residential mortgage-backed securities (RMBS), residential mortgage loans, real estate-related securities and various other asset classes.

Article published by Wall Street Grand. Visit the Wall Street Grand Club today.

SAFE LINK

Disclaimer:

For our full disclosure please visit - http://www.wallstreetgrand.com/disclosure.html