PennyMac Mortgage Investment Trust shares are trading lower after the company reported worse-than-expected Q2 financial results.
Portfolio Pulse from Benzinga Newsdesk
PennyMac Mortgage Investment Trust's shares have dropped following the company's Q2 financial results, which were below expectations.
July 28, 2023 | 4:41 pm
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PennyMac Mortgage Investment Trust's shares are trading lower due to worse-than-expected Q2 financial results.
PennyMac Mortgage Investment Trust's Q2 financial results were below expectations, which is a negative signal to investors. This has led to a decrease in the company's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100