Home Armour Residential REIT (ARR) Gains As Market Dips: What You Should Know
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Armour Residential REIT (ARR) Gains As Market Dips: What You Should Know

Armour Residential REIT (ARR) closed at $5.29 in the latest trading session, marking a +1.15% move from Wednesday to Thursday. The REIT closed at $3.75 in the past 12 trading sessions, trading at $5.29 for the week ending Feb. 22.

The REIT closed at $5.27 for the week ending Feb. 22, a day after moving to $4.70 for the week ending Feb. 4.

In this session, RACO was up 13.8% on Wednesday, down 19.7%.

Following the closing, the REIT closed at $5.29.

“We are working hard to get more players to market and to support our goal of not only being the premier REIT in our industry, but not only doing market research and price data,” said Brian Beaveny, CEO and Chairman of RACO. “With the recent change to the REIT, we have also had some exciting opportunities to strengthen our position as a leading REIT.”

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