Macerich Company (MAC)

NYSE
Currency in USD
Disclaimer
10.91
-0.44(-3.88%)
Closed
After Hours
10.910.00(0.00%)

MAC Comments

Hey Kumar RK, I am not very familiar with equity distribution agreement. But my understanding of par value of 0.01 doesn't mean that Macerich is selling its stock for $0.01
you must ask, why is falling. because of massive profit taking. like me. sold at 25
google what happens when institutions own a company and why they issue a sell rating. its to generate interest, sell it to hedge fund managers, then take over the shares at a discount, gain over 100% profit and flip it to buy for the regular investors.
as long as MAC makes money for their financers by doing this, all companies can join in and take the proceeds. if they dont, then the banks make them go bankrupt.