Noticed that LXP has fallen 16% today. LXP has announced suspending its look at strategic alternatives - selling?
https://ir.lxp.com/news/press-releases/news-details/2022/LXP…
LXP also provided 2022 guidance of EPS of $.31-.35 and AFFO of $.64-.68.
I currently own no LXP, but it is my mother’s largest REIT holding.
Amazing how much stock prices can rise or fall on what to me is a relatively unimportant announcement.
Yesterday, HPQ rose 16% after it was announced that Buffett/BRK had acquired a $4 billion or 11% stake.
HPQ became my largest holding yesterday, up from 3rd.