Streetbeat News

WHLR

Wheeler Real Estate Investment Trust, Inc.

https://www.whlr.us

Industry

REIT - Retail

Headquartered in Virginia Beach, VA, Wheeler Real Estate Investment Trust, Inc. (NASDAQ: WHLR ) is a fully integrated, self-managed commercial real estate investment company focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers.

Open

8.00

Mkt cap

7.5M

Volume

211K

High

8.25

P/E Ratio

N/A

52-wk high

1410.48

Low

7.30

Div yield

N/A

52-wk low

2.90

U.S. stocks rose after the Federal Reserve cut interest rates by 0.5%, marking the first rate cut in over four years. Intuitive Machines, Applied Therapeutics, and PowerFleet saw significant stock price increases due to positive company-specific news, while NANO Nuclear Energy, Wheeler Real Estate Investment Trust, and Cibus experienced declines.

Portfolio Pulse from Avi Kapoor

September 18, 2024 | 6:31 pm

U.S. stocks traded lower with the S&P 500, Dow, and NASDAQ all experiencing declines. Notable stock movements included Intuitive Machines, Applied Therapeutics, and PowerFleet, which saw significant gains due to positive announcements. Conversely, NANO Nuclear Energy, Wheeler Real Estate Investment Trust, and Cibus experienced declines. Crude oil prices fell, while gold prices rose.

Portfolio Pulse from Avi Kapoor

September 18, 2024 | 4:12 pm

Wheeler Real Estate shares are declining following the announcement of a 1-for-3 reverse stock split of its common stock.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 1:19 pm

Wheeler Real Estate Investment Trust (WHLR) announced a 1-for-3 reverse stock split effective September 19, 2024. This will adjust the trading of common stock, convertible notes, preferred stock, and incentive plans accordingly.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 8:08 pm

Intel shares rose 6.9% in pre-market trading due to a strategic collaboration with AWS to advance US-based chip manufacturing. Several other stocks, including Galmed Pharmaceuticals and Smith Micro Software, also saw significant pre-market movements.

Portfolio Pulse from Avi Kapoor

September 17, 2024 | 9:48 am

Oracle shares surged by 8.8% in pre-market trading after reporting better-than-expected earnings and sales for Q1. Additionally, Oracle and Amazon's AWS launched Oracle Database@AWS, enhancing Oracle's cloud offerings. Other stocks like Silexion Therapeutics and Quoin Pharmaceuticals also saw significant pre-market movements.

Portfolio Pulse from Avi Kapoor

September 10, 2024 | 10:41 am

US stocks rose with the Dow Jones gaining over 200 points. Methanex Corporation announced a $2.05 billion acquisition of OCI Global's methanol business. Sintx Technologies, Intelligent Bio Solutions, and Relay Therapeutics saw significant stock price increases, while Edgio, Pineapple Energy, and Wheeler Real Estate Investment Trust experienced declines.

Portfolio Pulse from Avi Kapoor

September 09, 2024 | 1:54 pm

Summit Therapeutics shares surged 38.8% in pre-market trading after announcing positive results for Ivonescimab Monotherapy in treating advanced NSCLC in China. Other notable pre-market movers include Intelligent Bio Solutions, Tonix Pharmaceuticals, and Nuburu, among others.

Portfolio Pulse from Avi Kapoor

September 09, 2024 | 10:08 am

U.S. stocks fell with the Dow Jones down over 400 points. Argan, Inc. shares rose 25% after strong Q2 results. BloomZ Inc. and Wheeler Real Estate Investment Trust saw significant share price increases due to business agreements and legal victories, respectively. Braze, Inc., Planet Labs PBC, and Genesco Inc. experienced declines following disappointing financial results.

Portfolio Pulse from Avi Kapoor

September 06, 2024 | 6:39 pm

Wheeler Real Estate Investment Trust (WHLR) shares have resumed trading. This development is significant for investors monitoring the company's stock activity.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 4:54 pm

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