Annaly Capital Management (NLY) Suffers a Larger Drop Than the General Market: Key Insights

In the latest close session, Annaly Capital Management (NLY) was down 1.54% at $19.18. The stock's change was less than the S&P 500's daily loss of 1.13%. Elsewhere, the Dow lost 1.79%, while the tech-heavy Nasdaq lost 1.3%. Coming into today, shares of the real estate investment trust had lost 1.17% in the past month. In that same time, the Finance sector gained 1.24%, while the S&P 500 gained 3.55%. Market participants will be closely following the financial results of Annaly Capital Management in its upc ...