Why These Real Estate Stocks Are Crashing Today
Stocks are getting crushed on Thursday, on a muted economic outlook by the Federal Reserve and worries that the market has moved up too quickly, considering the threat the COVID-19 pandemic still presents. Real estate companies that focus on debt secured by real estate, so-called mortgage REITS, or mREITs, are taking a beating today.
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The following four mREITs are notable among the hardest hit:
Source Fool.com
