MacKenzie Realty Capital, Inc. (MKZR) saw a 20.73% increase, rising to $4.0689, as the company announced a strategic review of its multifamily real-estate portfolio. Management believes the portfolio’s net asset value may exceed the current market cap, prompting the review to unlock shareholder value. MKZR opened at $3.78, with a high of $5.00 and a low of $3.43, trading on the Nasdaq. Trading volume was 20,374 shares, with an average volume of 28,380 shares, and a 52-week range of $3.50 to $50.00.
Read more at Nasdaq: MacKenzie Realty Capital Shares Surge 20.73% After Strategic Portfolio Review Announcement
