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Ladder Capital Set to Possibly Rebound After Yesterday's Selloff of 2.92%

By James Quinn

Ladder Capital (NYSE:LADR) traded in a range yesterday that spanned from a low of $16.07 to a high of $16.78. Yesterday, the shares fell 2.9%, which took the trading range below the 3-day low of $16.96 on volume of 617,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is tracking the current trend status for Ladder Capital and will alert subscribers who have LADR in their portfolio or watchlist when shares have changed trend direction.

Ladder Capital share prices have moved between a 52-week high of $18.82 and a 52-week low of $14.75 and are now trading 13% above that low price at $16.62 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

Keywords: rebounders ladder capital

Ticker(s): LADR