Why Granite Point Mortgage, Park Hotels & Resorts, and Macerich All Rose (Again) Today – News

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Shares of mall-focused real estate investment trust (REIT)ย Macerichย (NYSE:MAC)ย jumped as much as 13% in early trading on June 8. Hotel landlordย Park Hotels & Resortsย (NYSE:PK)ย rose 13% or so, too, and mortgage REITย Granite Point Mortgageย (NYSE:GPMT)ย was up 21%. By 11 a.m. EDT, each had given back at least some of those gains, but the trend across the board lately has definitely been for higher prices.

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https://www.fool.com/investing/2020/06/08/why-granite-point-mortgage-park-hotels-resorts-and.aspx

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