Due to severe market turmoil caused by geopolitical crises, recession risk and high uncertainty, Annaly Capital (NLY) shares have not fared well so far, losing more than 15%. I have a bearish sentiment on this stock for the time being. Since the triggers of such market headwinds do not seem short-lived, they are likely to continue to impact Annaly Capital. About Annaly Capital Annaly Capital is a mortgage real estate investment trust (REIT), one of the largest in the U.S. market. The firm invests in agency mortgage-backed securities, mortgage servicing rights and residential real estate. On TipRanks, NLY scores a 6 out of 10 on the Smart Score spectrum.
https://www.tipranks.com/news/article/annaly-capital-amid-tighter-credit-conditions-and-asset-quality-concerns?utm_source=advfn.com&utm_medium=referral
Annaly Capital Management (NYSE:NLY)
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Annaly Capital Management (NYSE:NLY)
Historical Stock Chart
Von Aug 2021 bis Aug 2022 Click Here for more Annaly Capital Management Charts.