Rithm Property Trust Stock Rises After Scrapping Proposed Offering

Rithm Property Trust (NYSE: RPT) stock surged 16% in premarket trading after announcing it would terminate its proposed common stock offering due to unfavorable market conditions. The decision means no new shares will be issued through the planned public offering.

By Liz Kiesche, SA News Editor · Seeking Alpha ·

Rithm Property Trust Stock Rises After Scrapping Proposed Offering

Tickers: $RPT

Topics: common stock offering termination premarket trading Rithm Property Trust

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