RAIT Plunges Over Bankruptcy Concerns
Shares of RAIT Financial Trust (RAS) plunged $5.72 to close at $10.36 on fears that the company may not be able to collect debt obligations from American Home Mortgage Investment Corp. (AHM). American Home Mortgage stock skydived $9.43 to close at $1.04.
1 Comments:
So did the company go bankrupt?
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