Rithm Property Trust: Reverse Stock Split Won't Reverse Book Value Dip

Group 1 - Rithm Property Trust (RPT) executed a one-for-six reverse stock split due to a significant decline in its stock price, which now trades at a 54% discount to its book value [1] - The equity market is highlighted as a powerful mechanism for wealth creation or destruction over the long term, emphasizing the importance of price fluctuations [1] - Pacifica Yield is focused on long-term wealth creation by targeting undervalued high-growth companies, high-dividend stocks, REITs, and green energy firms [1]