0.88% -0.16

Blackstone Mortgage Trust Inc (BXMT)

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Why is Blackstone Mortgage Trust Inc (BXMT) Stock down?

We've noticed a 5.07% decline in Blackstone Mortgage Trust Inc (BXMT) stock during the 2024-04-24 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!

06 Dec, 2023:

Shares of Blackstone Mortgage Trust Inc (BXMT) dropped by 8.05% from $22.49 to $20.68 in the trading on Wednesday, December 6, 2023. The reason why BXMT is down today is due to comments made by Carson Block, the founder of Muddy Waters, in a CNBC interview. In the interview, Carson Block expressed concerns about Blackstone Mortgage Trust, stating that it is "at risk of a liquidity crisis". These comments likely contributed to the decline in the company's stock price.