Redwood Trust Inc. (RWT) gains 1.88% for July 21

Equities Staff  |

Redwood Trust Inc. (NYSE: RWT) shares gained 1.88%, or $0.22 per share, to close Wednesday at $11.91. After opening the day at $11.72, shares of Redwood fluctuated between $12.02 and $11.72. 1,179,772 shares traded hands an increase from their 30 day average of 1,074,692. Wednesday's activity brought Redwood’s market cap to $1,345,955,019.

Redwood is headquartered in Mill Valley, California..

About Redwood Trust Inc.

Redwood Trust, Inc. is a specialty finance company focused on several distinct areas of housing credit. Our operating platforms occupy a unique position in the housing finance value chain, providing liquidity to growing segments of the U.S. housing market not served by government programs. The Compoany delivers customized housing credit investments to a diverse mix of investors, through our best-in-class securitization platforms; whole-loan distribution activities; and its publicly-traded shares. Its consolidated investment portfolio has evolved to incorporate a diverse mix of residential, business purpose and multifamily investments. Redwood Trust goal is to provide attractive returns to shareholders through a stable and growing stream of earnings and dividends, capital appreciation, and a commitment to technological innovation that facilitates risk-minded scale. Since going public in 1994, Redwood Trust has managed its business through several cycles, built a track record of innovation, and a best-in-class reputation for service and a common-sense approach to credit investing. Redwood Trust is internally managed and structured as a real estate investment trust ('REIT') for tax purposes.

Visit Redwood Trust Inc.’s profile for more information.

About The New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value at over $26 trillion. It is also the leader for initial public offerings, with $82 billion raised in 2020, including six of the seven largest technology deals. 63% of SPAC proceeds in 2020 were raised on the NYSE, including the six largest transactions.

To get more information on Redwood Trust Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: Redwood Trust Inc.’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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