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Benzinga
Benzinga
Business
John Navin

Independence Realty Trust: Good FFO, Bad Price Action

Independence Realty Trust looks good if you consider the steady increases in funds from operations, a highly desirable quality. 

Because that’s the case, why is their price just now coming off of 2022 lows? Shouldn’t a real estate investment trust (REIT) with decent profitability be making a series of higher highs rather than hanging out near its lows?

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