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Why Arbor Realty Trust Stock Held Firm in April Despite the Market Plunge

Matthew DiLallo, The Motley Fool
·2 min read
Why Arbor Realty Trust Stock Held Firm in April Despite the Market Plunge

The S&P 500 tumbled 8.8%, according to data provided by S&P Global Market Intelligence, taking most stocks down with it. Mortgage-focused real estate investment trust (REIT) Arbor Realty Trust (NYSE: ABR) kept its head above water, gaining 0.2% last month. For the most part, April was a quiet month for Arbor Realty Trust.

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