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

Shares of mall-focused real estate investment trust (REIT) Macerich (NYSE:MAC) jumped as much as 13% in early trading on June 8. Hotel landlord Park Hotels & Resorts (NYSE:PK) rose 13% or so, too, and mortgage REIT Granite Point Mortgage (NYSE:GPMT) 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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