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Stock impact report

Ladder Capital, The Bancorp, and Coastal Financial Shares Plummet, What You Need To Know [Yahoo! Finance]

Ladder Capital Corp Class A (LADR) 
Last ladder capital corp class a earnings: 2/27 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.laddercapital.com
Company Research Source: Yahoo! Finance
A number of stocks fell in the afternoon session after reports revealed a drop in consumer confidence amid mounting fears of a potential U.S. government shutdown. The Conference Board's Consumer Confidence Index fell to 94.2 in September, a larger-than-expected decline fueled by pessimism over inflation and the job market. This drop suggests consumers may cut back on borrowing and spending, directly impacting banks' profitability. Adding to the concerns, Federal Reserve Vice Chair Philip N. Jefferson highlighted a cooling economy, with GDP growth slowing to 1.5% in the first half of 2025 due to weaker consumer spending. Compounding these issues is the looming threat of a U.S. government shutdown, as a deal on a spending plan remains elusive. A shutdown could further squeeze the economy and delay crucial economic data, increasing market uncertainty and prompting a cautious approach from investors. The stock market overreacts to news, and big price drops can present good opportun Show less Read more
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