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Why Arbor Realty Trust Stock Held Firm in April Despite the Market Plunge

TheMotleyFool

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Why Arbor Realty Trust Stock Held Firm in April Despite the Market Plunge

Last month was a brutal one for investors. The S&P 500 tumbled 8.8%, according to data provided by S&P Global Market Intelligence, taking most stocks down with it.

However, not all stocks were in the red last month. Mortgage-focused real estate investment trust (REIT) Arbor Realty Trust (NYSE: ABR) kept its head above water, gaining 0.2% last month.

Here's what allowed it to deliver stronger relative performance in a challenging month for the broader market.

Source Fool.com

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