5 Worst Performing REITs in 2023

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1. Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR)

Year To Date Share Price Losses: 57.45%

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) is a commercial real estate investment trust that primarily owns properties rented out to retailers and similar establishments. The firm announced a reverse stock split in August to likely keep up with the NASDAQ’s listing requirements.

During 2023’s first quarter, two of the 943 hedge funds part of Insider Monkey’s research had held a stake in Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR). Out of these, the firm’s largest investor is Parsa Kiai’s Steamboat Capital Partners courtesy of a $4.9 million investment.

Follow Wheeler Real Estate Investment Trust Inc. (NASDAQ:WHLR)

Disclosure: None. You can also take a look at 14 Best Dividend-Paying Stocks Under $50 and 10 Most Profitable Small Businesses in 2023.

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