NYSE:APLEHotel and Resort REITs
Assessing Apple Hospitality REIT’s (APLE) Valuation Following Executive Chairman’s Buy and Capital Moves
If you’re following Apple Hospitality REIT (APLE), you probably noticed the flurry of activity surrounding the stock this month. Executive Chairman Glade Knight just picked up 5,000 shares, and with the company recently reaffirming its consistent monthly dividend, there is renewed attention on APLE’s efforts to reward and reassure shareholders. Mixed financial results and shifting economic conditions may have some investors on edge, but management is clearly signaling confidence through...