Annaly Capital Management (NLY) Stock Sinks As Market Gains: Here's Why

Annaly Capital Management (NLY) declined 1.22% to $21.05, underperforming the broader market which gained 0.17%. The REIT has fallen 8.5% over the past month, significantly lagging the S&P 500's 1.29% loss. Despite this weakness, analysts project strong earnings growth of 6.85% and revenue growth of 97.64% for the upcoming quarter, with the stock carrying a Zacks Rank #2 (Buy) rating and trading at a discount valuation.