Brief
Starwood’s Net Income Drops 95% Annually — and Then Its Stock Drops
Starwood Property Trust’s stock tanked hours after the firm reported its second-quarter earnings, dropping 4 percent in one morning, as the firm reported major declines in net income. Starwood’s stoc
Summary
Starwood Property Trust’s stock tanked hours after the firm reported its second-quarter earnings, dropping 4 percent in one morning, as the firm reported major declines in net income.
Starwood’s stock currently trades at $15.
55 per share, down 6 percent from where it traded one month ago and down nearly 20 percent from a year ago. […]
Source
- Commercial Observercommercialobserver.com
