REIT - Mortgage
BXMT
20.09
price down icon1.23%   -0.25
after-market After Hours: 20.14 0.05 +0.25%

Blackstone Mortgage Trust Inc (BXMT)
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Why is Blackstone Mortgage Trust Inc (BXMT) Stock down?

06 Dec, 2023:

Shares of Blackstone Mortgage Trust Inc (BXMT) dropped by 8.05% from $22.49 to $20.68 in the trading on Wednesday, December 6, 2023. The reason why BXMT is down today is due to comments made by Carson Block, the founder of Muddy Waters, in a CNBC interview. In the interview, Carson Block expressed concerns about Blackstone Mortgage Trust, stating that it is "at risk of a liquidity crisis". These comments likely contributed to the decline in the company's stock price.

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