Annaly Capital Management Stock Falls On Unusually High Volume (NLY)

Annaly Capital Management (NYSE:NLY) is trading at unusually high volume Friday with 25.6 million shares changing hands. It is currently at two times its average daily volume and trading down 63 cents (-5.2%).
By TheStreet Wire ,

NEW YORK (

TheStreet

) --

Annaly Capital Management

(NYSE:

NLY

) is trading at unusually high volume Friday with 25.6 million shares changing hands. It is currently at two times its average daily volume and trading down 63 cents (-5.2%) at $11.50 as of 3:50 p.m. ET.

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Annaly Capital Management has a market cap of $11.63 billion and is part of the financial sector and real estate industry. Shares are down 12.5% year to date as of the close of trading on Wednesday.

Annaly Capital Management, Inc. owns, manages, and finances a portfolio of real estate related investments in United States.

TheStreet Ratings rates

Annaly Capital Management

as a

hold

. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full

Annaly Capital Management Ratings Report

.

See all heavy volume stocks in our

stocks moving on unusual volume list

or get investment ideas from our

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.

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