🔴 Arbor Realty Trust is trading 5% down today after Citizens downgraded it to Market Perform

Arbor Realty Trust is trading at $3.76, down 5.29%, following Citizens’ September 29 downgrade from Market Outperform to Market Perform.

• Citizens cited higher rates, saying they could prolong resolution of problem assets and weigh on earnings.
• Search results did not identify a separate Arbor Realty Trust announcement on September 30. The downgrade is the clearest available company-specific catalyst, and the report said it was primarily driven by macroeconomic factors.