Redwood Trust (RWT) Moves 9.5% Higher: Will This Strength Last?
Redwood Trust (RWT) shares soared 9.5% in the last trading session to close at $5.42. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 21.2% loss over the past four weeks.Redwood Trust’s surge in its stock price follows the broader market rally driven by the optimism surrounding Trump’s announcement on April 9, 2025, of a 90-day pause on reciprocal tariffs for most trading partners, excluding China. The tariff pause reduced immedi ...