Rithm Capital Shares Rise 6.7% After Third-Quarter Earnings Beat
The alternative asset manager reported a profit of $253.3 million, or 38 cents a share, ahead of analyst expectations. Shares rose to $9.26 on Friday and are down 15% year to date.
By Elias SchisgallShares of Rithm Capital rose after the company's third-quarter earnings came in ahead of analyst expectations.Shares rose 6.7% to $9.26 on Friday. The stock is down 15% year to date.The alternative asset manager reported a profit of $253.3 million, or 38 cents a share, compared wi…