Previous close | 0.4000 |
Open | 0.0500 |
Bid | 0.0500 |
Ask | 0.0500 |
Strike | 62.50 |
Expiry date | 2024-06-21 |
Day's range | 0.0500 - 0.1000 |
Contract range | N/A |
Volume | |
Open interest | 175 |
(Bloomberg) -- When it comes to commercial real estate, investors in the US banking sector are on edge. Most Read from BloombergModi Vows to Retain Power Even as Party Loses India MajorityShort Sellers in Danger of Extinction After Crushing Stock GainsBonds Rally as Traders Reload Fed Bets After Data: Markets WrapMnuchin Chases Wall Street Glory With His War Chest of Foreign MoneyIntel CEO Takes Aim at Nvidia in Fight for AI Chip DominanceAxos Financial Inc. — the latest target — slumped Tuesday
Axos Financial (AX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Axos Financial, Inc. (NYSE:AX) shares are trading lower after Short seller Hindenburg Research issued a short report on the stock. Hindenburg alleged that a former Axos credit review officer detailed the practice of loan “evergreening,” or providing loans to non-performing or doubtful borrowers to avoid recognizing problems, per litigation records. Similar schemes, also known as “extend and pretend,” were described by former employees during our investigation. “A former regional leader told us A