Ritm stock price hovered near $11

ritm stock price hovered near $11.89 as buyers defended key support. Chartists note this stability in relation to the 100-day moving average, predicting potential trend acceleration if macro tailwinds persist. The Zacks Consensus Estimate for CleanSpark’s bottom line for the to-be-reported quarter is pegged at 6 cents per share, indicating a 126.1% year-over-year improvement. It has remained stable over the past week. The consensus estimate for CLSK’s revenues is pegged at $103.8 million, suggesting a 143.9% increase from a year ago. NEW YORK --(BUSINESS WIRE)-- Rithm Capital Corp. (NYSE: RITM ; “Rithm” or the “Company”) announced that it priced an underwritten public offering of 7,600,000 shares of its 8.75% Series E Fixed-Rate Cumulative Redeemable Preferred Stock (the “Preferred Stock”) with a liquidation preference of $25.00 per share, for gross proceeds of approximately $190,000,000 , before deducting underwriting discount and other estimated offering expenses. The Company intends to apply to list the Preferred Stock on the New York Stock Exchange under the symbol “RITM PR E.” The offering is expected to close on September 25, 2025, subject to customary closing conditions. In connection with the offering, the Company has granted the underwriters an overallotment option for a period of 30 days to purchase up to an additional 1,140,000 shares of the Preferred Stock. Investors tracking ritm stock price noted a 1.2% weekly gain, driven by stronger mortgage-backed securities performance. The broader REIT sector shows signs of steady demand, and if interest rates stabilize, ritm could see a breakout above its quarterly average.