Two Harbors Stock Plummets After Settlement

Markets & Money Today | 2 Min News - A podcast by The Daily News Now! - Saturdays

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Two Harbors Investment stock plummets! A $375 million settlement with Pine River Capital Management triggered a near 6% drop, hitting a one-year low. Book value per share is now estimated at $11.06, adding to investor concerns after missed earnings and revenue targets. Is this a buying opportunity or a warning sign? We break down the risks and potential rewards for this struggling mortgage REIT. Hosted on Acast. See acast.com/privacy for more information.