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Sun Communities (NYSE:SUI) shares gapped down 7.8% in Thursday morning trading after the REIT lowered its full-year 2024 guidance and posted another quarter of disappointing results, prompting Baird analyst Wesley Golladay to downgrade the stock to Neutral from Outperform
-4.39% 2025-04-05
The market crashed due to new U.S. tariffs announced by President Trump, triggering fears of a global trade war. Countries like China retaliated, worsening tensions. Investors panicked, fearing an economic slowdown, which led to sharp declines in major indices and erased billions in market value.
Sun Communities’ stock is on the rise following its announcement to sell the Safe Harbor Marinas business to Blackstone Infrastructure for $5.65 billion
Stock Swings
Price Drops
-6.5% closed: 2024-11-12-4.39% 2025-04-05
Price Hikes
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