STOCK TITAN

Altisource Asset Mgmt Corp - AAMC STOCK NEWS

Welcome to our dedicated page for Altisource Asset Mgmt news (Ticker: AAMC), a resource for investors and traders seeking the latest updates and insights on Altisource Asset Mgmt stock.

Altisource Asset Management Corp (NYSE: AAMC) provides institutional investors with specialized asset management and corporate governance solutions. This page serves as the definitive source for verified news and official announcements related to AAMC's operations, strategic initiatives, and market position.

Key updates include earnings reports, leadership changes, governance developments, and partnership announcements. Investors gain access to primary-source materials including SEC filings, press releases, and operational updates from AAMC's global offices in the U.S. Virgin Islands, Luxembourg, and India.

Our curated collection enables efficient tracking of AAMC's management of single-family rental REIT assets and corporate advisory services. Content is organized chronologically and categorized for quick reference, with strict adherence to financial disclosure standards.

For ongoing monitoring of AAMC's performance in asset management and governance services, bookmark this page or check regularly for new updates. All content is sourced directly from company filings and authorized communications.

Rhea-AI Summary
Altisource Asset Management Corporation (AAMC) announces the resignation of Danya Sawyer, Chief Operating Officer of Alternative Lending Group, the Company’s principal operating subsidiary. Ms. Sawyer, whose departure was effective December 1, 2023, also served as AAMC’s interim Chief Executive Officer during the recent restructuring of the Company’s loan business. A successor CEO is expected to be announced within 30 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.43%
Tags
none
-
Rhea-AI Summary
Altisource Asset Management Corporation (AAMC) received a notice from the NYSE about potential delisting of its common stock due to non-compliance with listing qualifications. The company has the right to appeal and intends to do so, with the outcome uncertain.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.79%
Tags
none
-
Rhea-AI Summary
Altisource Asset Management Corporation cancels stock split and opts for a 70% stock dividend. Richard Rodick promoted to CFO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.52%
Tags
management dividends
Rhea-AI Summary
Altisource Asset Management Corporation announces the resignation of CEO and progress on cost-cutting initiatives and liquidity enhancement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
Tags
none
-
Rhea-AI Summary
Altisource Asset Management Corporation (AAMC) announced its financial and operating results for the second quarter of 2023. AAMC obtained a favorable ruling in its litigation with its preferred shareholder, Luxor, and a court-appointed Staff Master recommended that all of the Company’s tort and CICO damage claims may proceed in USVI court. A 2 for 1 stock split was approved by the Board of Directors, to be treated as stock dividend, with a Record Date of August 14, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-68.7%
Tags
-
Rhea-AI Summary
Altisource Asset Management Corporation (AAMC) will host a conference call and live webcast on August 14, 2023, to discuss the results of the second quarter ended June 30, 2023. Questions can be submitted in advance of the call. The replay will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.13%
Tags
conferences earnings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.4%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.51%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.18%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.94%
Tags
Altisource Asset Mgmt Corp

NYSE:AAMC

AAMC Rankings

AAMC Stock Data

3.19M
2.56M
69.46%
4.06%
0.97%
Mortgage Finance
Real Estate
Link
United States
CHRISTIANSTED