Hudson Pacific Properties Plunges 8.79% Amid Record Low

Hudson Pacific Properties (HPP) shares plummeted 8.79% today, marking the fourth consecutive day of decline, with a total drop of 29.22% over the past four days. The share price hit a record low today, with an intraday decline of 11.72%.

Hudson Pacific Properties (HPP) reported strong financial results for the fourth quarter, with funds from operations (FFO) and revenue exceeding estimates by 10% and 0.48%, respectively. This positive performance could potentially boost investor confidence and drive the stock price higher.

However, the company's negative return on equity (ROE) of 9.64% raises concerns about its profitability and operational efficiency. This financial metric suggests that the company may be facing challenges in generating returns for its shareholders, which could dampen investor sentiment and negatively impact the stock price.