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Tag: Granite Point Mortgage Trust Inc.

Industry

GPMT’s 2023 Market Dance: Down -20.88% – Time to Invest?

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Until today this year the stock’s price performance recorded a decrease of -20.88%. However, over the last six months, the performance has been stronger by -7.30%. The price of GPMT decreased -18.69% over the last 30 days. And in the last five days, it has fallen by -7.48%. Granite Point Mortgage Trust Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $6.41 on 12/27/23, and the lowest

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Finance

GPMT: Riding the Market Waves of Growth and Decline in 2023

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -19.28%.However, over the last six months, we can see a stronger performance of -5.80%. Over the last 30 days, the price of GPMT has leaped by -13.45%. And in the last five days, it has fallen by -7.79%. Granite Point Mortgage Trust Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $6.41 on 12/27/23 and the