CBL & Associates Properties, Inc. (symbol: CBL) was one of the biggest
winners of the trading day today (2016-07-29), gaining 11.93%. The number
of shares that changed hands was 7,487,770, or about 2.5 times the average
daily volume in the stock.
The closing price was $12.29, amounting to a market cap of $2,100,000,000,
about -25.52% off the highest price in the last 12 months. The stock has
been trading at a range between $8.86 and $16.5.
CBL is in the Real Estate Investment Trusts industry, part of the Consumer
Services sector. It first went public in 1993.
Looking at its valuation, the stock is now trading at 40.03 times earnings.
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