Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Why Washington Prime Group Shares Are Trading Lower Today

Author: Henry Khederian | June 15, 2021 12:32pm

Washington Prime Group Inc (NYSE:WPG) shares are trading lower by 19% at $2.74 Tuesday on continued downward momentum after the company announced it's commencing voluntary Chapter 11 financial restructuring.

Washington Prime Group is a self-managed real estate investment trust that invests in, manages, and develops retail properties. The company's portfolio consists of community shopping centers and malls across the United States, with most properties located in Texas, Ohio, Indiana, Illinois and Florida.

Washington Prime Group generates the majority of revenue from leasing properties to tenants, which include department stores, restaurants, homeware and furniture stores, entertainment venues, general retailers and cosmetic stores.

Washington Prime Group has a 52-week high of $16.55 and a 52-week low of $1.69.

Posted In: WPG