Granite Point Mortgage Trust Completes Reverse Stock Split

AI-generated NewsSnap summary based on source reporting.
Published: 2026-10-06
Category: business
Source: NYSE
Original source

Granite Point Mortgage Trust Inc. (GPMT) has executed a reverse stock split, effective before market open on October 6, 2026. This corporate action significantly alters the company's share price and reduces the total number of outstanding shares.

Want more?

Open NewsSnap.ai for the full app experience, including audio, personalization, and more news tools.

Open NewsSnap.ai