After-Hours Trading Highlights: KB Home and Rithm Capital Surge
Explore the latest movements in after-hours trading as KB Home and Rithm Capital capture investor attention with impressive earnings reports. Discover how these companies are shaping the market landscape and what it means for potential investment strategies.
Rithm Capital’s Strategic Initiatives to Boost Value and Evolve into Asset Manager
Rithm Capital, a real estate investment trust (REIT), has reauthorized its share repurchase program and made strategic transactions to boost shareholder value. The company aims to become a leading asset manager in the industry, with recent acquisitions and a focus on alternative asset management. These initiatives are expected to positively impact Rithm Capital’s performance and share price in the future.