The volume of articles published here is about to increase. Annaly Capital Management Annaly Capital Management closed at $23.11 on February 8th, 2023. That’s the last time they saw anything over $23.00. Last night shares dipped down to $18.35. That represents a 20% decline in the share price in materially less than two months. So, what happened?
Great update, thanks.
Minor typo: AGNCM floats 4/15/2024, not 2025.
Really smart that Seeking Alpha is actually driving investors away from their web site by making very poor management decisions.
I am surprised a REIT like NLY doesn't immediately call their floating preferred stock like NLY-F, which will be paying a 9.72% yield vs. par value on 03/31/2022 and currently yields 9.99% vs. par value. NLY is able to borrow money @ 4.19% according to their 12/31/2022 10-K.