AG Mortgage Investment Trust (MITT) Plunges 16.58% in Five Days Amid Market Volatility

Generated by AI AgentAinvest Movers Radar
Tuesday, Apr 8, 2025 8:00 pm ET1min read
MITT--

AG Mortgage Investment Trust (MITT) shares fell 3.52% intraday, marking the lowest level since January 2025, with a 2.56% decline for the day and a 16.58% drop over the past five days.

AG Mortgage Investment Trust has taken significant steps to reduce its leverage and transition to securitization financing. This strategic shift has bolstered the company's resilience and stability in the post-COVID era, providing a stronger foundation for future growth.

Despite these positive developments, both institutional and retail investors holding substantial shares in AG Mortgage Investment TrustMITT-- are under pressure. The recent market volatility has led to a notable decrease in their holdings, with investors losing 11% of their positions. This sell-off reflects broader market concerns and the impact of external economic factors on the company's stock performance.

Knowing stock market today at a glance

Latest Articles

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet