ABR extended its selloff as exceptionally heavy trading followed its Q3 loss and dividend suspension.
Unusual Price Movement
ABR extended its selloff as exceptionally heavy trading followed its Q3 loss and dividend suspension.
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ABR fell about 24.5% with exceptionally heavy trading after Arbor Realty Trust reported a third-quarter loss and suspended its quarterly dividend on October 30. The stock moved far more sharply than the broader market and real-estate peers, while the earlier company catalyst remained the primary driver. Trading volume turned unusual as the selloff extended, with no new catalyst behind the move.
ABR fell about 24.5% with exceptionally heavy trading after Arbor Realty Trust reported a third-quarter loss and suspended its quarterly dividend on October 30. The stock moved far more sharply than the broader market and real-estate peers, while the earlier company catalyst remained the primary driver. Trading volume turned unusual as the selloff extended, with no new catalyst behind the move.