RAIT Reverses Losses
RAIT Financial Trust (NYSE: RAS) reversed year ago losses of $7.78 per diluted share to post a profit for the fourth quarter of 24 cents per diluted share sending the stock price soaring 44 cents to close at $1.65.
RAIT Financial Trust (NYSE: RAS) reversed year ago losses of $7.78 per diluted share to post a profit for the fourth quarter of 24 cents per diluted share sending the stock price soaring 44 cents to close at $1.65.