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Stock impact report

Why Invitation Homes Stock Sagged by Nearly 3% Today [Yahoo! Finance]

Invitation Homes Inc. (INVH) 
Last invitation homes inc. earnings: 2/18 04:15 pm Check Earnings Report
US:NYSE Investor Relations: invitationhomes.com/about-us
Company Research Source: Yahoo! Finance
Invitation Homes (NYSE: INVH) is getting ready to raid its coffers in order to satisfy the terms of a new settlement with a regulator, and it's clear investors aren't all that happy with it. On news of the agreement with the U.S. Federal Trade Commission (FTC) over alleged wrongdoing by the company, Invitation Homes's share price fell to close the day 2.6% lower. Meanwhile, the trading session saw the basket of stocks that comprise the S&P 500 index collectively rise slightly, by 0.3%. A $48 million settlement The FTC had accused Invitation Homes, the country's top institutional landlord for single-family homes, of a range of misdeeds. The federal agency found that the company deceived customers about lease costs, did not inspect residences prior to the arrival of new tenants, charged "junk fees" that it failed to disclose, and unfairly retained security deposits after tenants departed. The regulator and the company announced in separate press releases Tuesday that they had rea Show less Read more
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