NYSE:APLEHotel and Resort REITs
Is Apple Hospitality REIT Offering a Value Opportunity After Its 2024 Share Price Slump?
If you are wondering whether Apple Hospitality REIT is quietly turning into a value opportunity or a value trap, you are not alone. This stock has enough moving pieces to merit a closer look.
Despite a 6.7% gain over the last month and a small 0.4% uptick in the past week, the share price is still down 19.6% year to date and 15.6% over the last year, which signals that the market may still be reassessing the risk and return profile here.
Recently, investors have been digesting a mix of macro...