🔴 Arbor Realty Trust is trading 7.5% down today after third-quarter loss and dividend suspension

Arbor Realty Trust is trading 7.5% down now at $1.66, following its October 30 third-quarter report and dividend suspension.

• The report showed an $85.4 million net loss; the company said suspending its common dividend was intended to preserve capital and financial flexibility.
• Broader risk-off trading may add pressure: U.S. markets are lower; Reuters reported chip and data-center weakness and a lower Nasdaq open on November 5. No new company-specific announcement for November 5 appeared in search results.