Chimera Investment Corp. at all-time lows: Buy or avoid?

Chimera Investment Corporation (NYSE:CIM) has underperformed most mortgage REITs over the past year, with its stock reaching an all-time low below $11.50 as of May 24, 2024. This decline reflects a challenging environment for mortgage REITs, driven by rising interest rates and economic uncertainties. In its recent financial report for Q1 2024, Chimera posted a […]