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Stock impact report

Annaly Capital Management (NLY) Stock Trades Up, Here Is Why [Yahoo! Finance]

Annaly Capital Management Inc. (NLY) 
Last annaly capital management inc. earnings: 4/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: annaly.com/investors
Company Research Source: Yahoo! Finance
investor Bill Ackman published a pointed and bullish assessment of the mortgage finance giants on social media. The social media post from the closely-watched Wall Street voice sent shares of both companies surging over 30%. In his remarks, Ackman described the two firms as “stupidly cheap,” and framed the investment as an asymmetric opportunity, where the potential upside significantly outweighs the downside risk. He further suggested the stocks could rise tenfold from their current levels, adding a sense of urgency that prompted an immediate and sharp rally in the shares. After the initial pop the shares cooled down to $21.20, up 2% from previous close. Is now the time to buy Annaly Capital Management? Access our full analysis report here, it's free What Is The Market Telling Us Annaly Capital Management's shares are not very volatile and have only had 3 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaning Show less Read more
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