Why Annaly Capital's Stock Plunged 33.5% in September

Annaly Capital Management (NYSE: NLY) did not have a great month in September as its stock price plummeted 33.5%, according to S&P Global Market Intelligence

September was the cruelest month since the pandemic, as the S&P 500 fell 9.3%, while the Nasdaq Composite dropped 10.5%, and the Dow Jones Industrial Average was off by 8.8%.

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Source Fool.com