Early Briefing and Review: Two Harbors Investment Corp., Sunstone Hotel Investors Inc., Retail Properties of America Inc., and CubeSmart
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LONDON, October 24, 2013 /PRNewswire/ --
On Wednesday, October 23, 2013, all three benchmark indexes of the US equity market fell, with the Dow Jones Industrial Average, the S&P 500, and the NASDAQ Composite falling by 0.35%, 0.47%, and 0.57%, respectively. Shares in the financial-REITs sector ended mostly on a positive note, even as the broader market edged lower. The major movers included Two Harbors Investment Corporation (NYSE: TWO), Sunstone Hotel Investors Inc. (NYSE: SHO), Retail Properties of America Inc. (NYSE: RPAI), and CubeSmart (NYSE: CUBE). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:
On Wednesday, Two Harbors Investment Corp.'s stock advanced to close at $9.79, up 0.51% from the previous day's closing price of $9.74. The company's shares vacillated between $9.72 and $9.89 during the trading session. A total of 5.16 million shares were traded, which is above the daily average volume of 4.97 million. The company's shares have gained 1.98% in the previous three trading sessions, outperforming the S&P 500, which has gained 0.11% during the same period. Further, Two Harbors Investment Corp.'s stock is trading above its 50-day moving average of $9.60. Sign up for free report on TWO at:
Sunstone Hotel Investors Inc.'s stock closed at $13.69, up 0.44%, after fluctuating between $13.48 and $13.71 during Wednesday's trading session. A total of 1.04 million shares were traded, which is above the daily average volume of 0.96 million. The company's shares have gained 4.98% in the last one month and 3.48% in the previous three months, outperforming the S&P 500, which has gained 2.62% and 3.19% during the respective periods. Additionally, Sunstone Hotel Investors Inc.'s stock is trading near its 52-week high of $13.94 and also above its 50-day and 200-day moving averages of $12.79 and $12.27, respectively. SHO free technical report can be accessed by signing up at:
Retail Properties of America Inc.'s shares closed the day at $14.33, up 0.42%, after oscillating between $14.10 and $14.35 during the trading session. A total of 1.10 million shares were traded, which is above the daily average volume of 0.94 million. The company's shares have advanced 1.42% in the previous three trading sessions, outperforming the S&P 500, which has advanced 0.11% during the same period. Moreover, Retail Properties of America Inc.'s stock is trading above its 50-day and 200-day moving averages of $13.92 and $14.32, respectively. A free report on RPAI can be accessed by registering at:
Shares in CubeSmart stock fell by 0.31% on Wednesday, tracking losses in the broader market. The company's shares vacillated between $18.85 and $19.10 before finishing the day at $18.99. A total of 1.18 million shares were traded, which is above the daily average volume of 1.12 million. CubeSmart's shares have gained 6.57% in the previous one month and 10.86% in the last three months, outperforming the S&P 500 which has gained 2.62% and 3.19% during the respective periods. Furthermore, the company's stock is trading near its 52-week high of $19.69 and also above its 50-day and 200-day moving averages of $17.75 and $16.42, respectively. Register with AAA Research Reports and download research on CUBE for free at:
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SOURCE AAA Research Reports
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