Market Momentum: CBL & Associates Properties, Redwood Trust, Mack-Cali Realty, and Hersha Hospitality Trust PR Newswire LONDON, December 17, 2013 LONDON, December 17, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. On Monday, December 16, 2013, the U.S. equity market posted gains. The S&P 500 ended the day at 1,786.54, up 0.63%; the Dow Jones Industrial Average closed at 15,884.57, up 0.82%; and the NASDAQ Composite Index finished at 4,029.52, up 0.71%. The S&P 500 Financials Sector Index gained 0.55% to close the session at 285.57; and the S&P 500 Real Estate Investment Trusts REITS Industry Index gained 0.21% to finish at 147.37. The S&P 500 Real Estate Investment Trusts REITs Industry Index has declined 0.10% in the previous three trading sessions, underperforming the S&P 500, which has gained 0.24% during the same period. The major movers in the industry included CBL & Associates Properties Inc. (NYSE: CBL), Redwood Trust Inc. (NYSE: RWT), Mack-Cali Realty Corp. (NYSE: CLI), and Hersha Hospitality Trust (NYSE: HT). AAAResearchReports.com has completed their technical analysis on CBL, RWT, CLI, and HT and these free reports are accessible by registering at: http://www.aaaresearchreports.com/register/ CBL & Associates Properties Inc.'s stock edged 0.79% lower on Monday, even as the US equity market posted gains. The company's shares finished the day at $17.60, after oscillating between $17.57 and $17.92 during the trading session. A total of 1.27 million shares were traded, which is below the daily average volume of 1.46 million. The company's shares have declined 1.29% in the previous three trading sessions, compared to a gain of 0.24% in the S&P 500 during the same period. Furthermore, CBL & Associates Properties Inc.'s stock is trading below its 50-day and 200-day moving averages of $18.94 and $21.55, respectively. Sign up for free technical research on CBL at: http://www.AAAResearchReports.com/CBL121713.pdf Shares in Redwood Trust Inc. ended the day at$18.58, up 1.14%, after fluctuating between$18.39 and$18.66 during Monday's trading session. A total of 0.39 million shares were traded, which is below the daily average volume of 0.97 million. The company's shares have advanced 0.27% in the previous three trading sessions, outperforming the S&P 500, which has gained 0.24% during the same period. Additionally, Redwood Trust Inc.'s stock is trading above its 50-day moving average of $18.27. Be sure to read our latest technical research on RWT by registering at: http://www.AAAResearchReports.com/RWT121713.pdf On Monday, Mack-Cali Realty Corp.'s stock closed the day at $21.09, down 0.47% from the previous day's closing price of $21.19. The company's shares vacillated between $20.92 and $21.30 during the trading session. A total of 0.74 million shares were traded, which is below the daily average volume of 0.90 million. Despite Monday's decline, the company's shares have gained 0.48% in the previous three trading sessions and 4.67% in the last one month, outperforming the S&P 500, which has gained 0.24% and has lost 0.65% during the respective periods. Further, Mack-Cali Realty Corp.'s stock is trading above its 50-day moving average of $20.80. Sign up and read the complimentary report on CLI at: http://www.AAAResearchReports.com/CLI121713.pdf Hersha Hospitality Trust's stock advanced 0.73% on Monday, closing the day's session at $5.50, after oscillating between $5.46 and $5.53 during the trading session. A total of 1.24 million shares were traded, which is below the daily average volume of 1.41 million. The company's shares have advanced 1.85% in the previous three trading sessions, outperforming the S&P 500, which has gained 0.24% during the same period. However, Hersha Hospitality Trust's stock is trading below its 50-day and 200-day moving averages of $5.68 and $5.72, respectively. The free report on HT can be downloaded by signing up now at: http://www.AAAResearchReports.com/HT121713.pdf ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. 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Market Momentum: CBL & Associates Properties, Redwood Trust, Mack-Cali Realty, and Hersha Hospitality Trust
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