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ACRES Commercial Realty Corp. records $50.3 million loss in Q3

Associated Press +1 · ·by G4L

ACR
ACR ACRES Commercial Realty Corp
$12.05 -8.09%
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  1. 1ACRES Commercial Realty Corp. recorded a loss of $50.3 million in the third quarter.
  2. 2ACRES Commercial Realty Corp. reported revenue of $24.2 million during the period.
  3. 3ACRES Commercial shares have fallen 33% since the beginning of the year.

So what's the key point?

ACRES Commercial Realty Corp. reported a $50.3 million loss in the third quarter. The company's stock has dropped 33% so far this year.

Source Associated Press +1 · View original ↗

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