Invitation Homes Inc
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Real Estate : Equity Real Estate Investment Trusts (REITs) | Mid Cap GrowthCompany profile

Invitation Homes Inc. is a real estate investment trust. The Company owns and operates single-family homes for lease in the United States. The Company's segment relates to acquiring, renovating, leasing and operating single-family homes as rental properties, including single-family homes in planned unit developments. As of September 30, 2016, the Company's averaged approximately 1,850 square feet with three bedrooms and two bathrooms. As of September 30, 2016, the Company's portfolio included 48,431 homes. As of September 30, 2016, the Company's homes were located in Southern California, Northern California, Seattle, Phoenix and Las Vegas in Western United States; South Florida, Tampa, Orlando and Jacksonville in Florida; Atlanta and Charlotte in Southeast United States, and Chicago and Minneapolis in Midwest United States. As of September 30, 2016, the Company had 73 homes in escrow that we expected to acquire, subject to customary closing conditions.

Price
Delayed
$21.85
Day's Change
0.14 (0.64%)
Bid
--
Ask
--
B/A Size
--
Day's High
21.88
Day's Low
21.75
Volume
(Light)

Today's volume of 98,980 shares is on pace to be much lighter than INVH's 10-day average volume of 2,451,932 shares.

98,980

Chip stocks set to tumble after Nvidia, AMD and Applied Materials pace losers

9:15 am ET November 16, 2018 (MarketWatch)
Print

The semiconductor sector was headed for broad and sharp declines Thursday, after disappointing earnings reports from Nvidia Corp. (NVDA) and Applied Materials Inc. (AMAT). The VanEck Vectors Semiconductor ETF (SMH) dropped 3.7% in premarket trade, with all components trading losing ground. The biggest loser was Nvidia's stock, which plunged 18% toward a 14-month low, after the company reported late Thursday (http://www.marketwatch.com/story/nvidia-stock-drops-15-as-earnings-outlook-miss-2018-11-15) earnings that missed expectations and provided a downbeat outlook. The company also said the inventory issues that weighed on results was also affecting its competitors, and that send Advanced Micro Devices Inc.'s stock (AMD) down 7.3% premarket. Applied Materials shares shed 9.5% after the chip equipment maker provided late Thursday disappointing guidance (http://www.marketwatch.com/story/applied-materials-stock-falls-after-earnings-weak-guidance-2018-11-15). Elsewhere, Intel Corp.'s stock (INTC) slumped 1.2% and Micron Technology Inc. shares (MU) slid 3.5%. Meanwhile, S&P 500 futures dropped 0.5%. Over the past three months, the chip ETF has lost 7.4% through Thursday, while the S&P 500 has lost 3.9%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

November 16, 2018 09:15 ET (14:15 GMT)

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