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MOVER · THU SEP 10 2026

Why RWT fell 23.0% on Sep 10 2026: loan disposition update

RWT-23.0%on Thu Sep 10 2026

Redwood Trust, Inc. was down 23.0% on the day at $3.28, ranked #10 on 51.7× its usual five-minute volume, when TapeRank recorded this drop at 09:40 ET during regular hours.

THE DAY ON THE LIST · 1 EVENT

  1. 09:40 ET
    MOVER · REGULAR

    $3.28 · ▼ 23.0% ON THE DAY · 51.7× 5M RVOL · RANK #10

    STRETCHEDCONFIDENCE3/5

    Redwood Trust disclosed a routine quarterly dividend declaration alongside a business update on preliminary agreements to dispose of roughly $190 million of legacy bridge loans, which management estimates will reduce book value per share by only about 2%. The stock is down over 22% on huge volume, a magnitude wildly disproportionate to a disclosed 2% book value hit and an otherwise unremarkable dividend announcement.

    WHYA disclosed ~2% book value impact and a maintained dividend do not explain a ~22% single-day decline, pointing to panic selling or forced flow well beyond the news itself.
    ANALYZED 09:39 ET · <1 MIN AGO · ANTHROPIC/CLAUDE-SONNET-5
    THE ROW AND SESSION LEVELS AT 09:40 ET
    LAST3.28
    DAY▼ 23.0%
    5 MIN▼ 4.23%
    5M RVOL51.7×
    5M $VOL$2.1M
    FLOAT*125.6M
    RANK#10
    SESSIONREGULAR
    VWAP3.54
    HOD4.27
    LOD3.29
    OR HIGH3.57
    OR LOW3.40
    PREV CLOSE4.26
    PM HIGH4.27
    PM LOW3.45
    GAP▼ 17.14%

    * FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE

THE SESSION

  • 09:30 ETOpened at $3.53, -17.1% on the previous close of $4.26
  • 09:40 ETRegular-session low, $3.22
  • 13:51 ETRegular-session high, $3.78
  • 15:59 ETLast trade of the regular session, $3.63, -14.9% on the previous close of $4.26
  • Volume: 40.2M shares in regular hours, 1.6M before the open

RWT opened at $3.53, down from the previous close, then dropped to a $3.22 low by 09:40 ET as TapeRank ranked it among the top movers, before recovering to a $3.78 high at 13:51 ET and ending at $3.63. There were no halts. TapeRank’s read tied the move to Redwood Trust’s update on preliminary agreements to dispose of roughly $190 million of legacy bridge loans, expected to reduce book value per share by about 2%, alongside a routine dividend declaration, but found that the news did not explain the size of the decline.

WRITTEN THU OCT 15 2026 17:46 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE

FILINGS · 24H BEFORE THE MOVE

On the tape right now

WHERE THE LIST STOODWED NOV 4 2026 · 13:49 ETRECORDED LIVE · 742 QUALIFY

01
ECGSURGING 0:05
79.71
▼ 29.3%
▼ 1.41%
41.0×
FAD
$6.2M
51.1M*
STRETCHED
02
CAVASURGING 0:00
64.78
▲ 7.4%
▲ 1.30%
9.3×
ORBHODVWH
$11.6M
116.8M*
UNEXPLAINED
03
URGNSURGING 0:00
29.16
▼ 15.2%
▼ 1.29%
15.6×
FAD
$1.4M
48.9M*
JUSTIFIED
04
MPTISURGING 0:00
64.15
▼ 1.5%
▲ 0.96%
23.8×
VWH
$637K
4.3M*
UNEXPLAINED
05
LSPDSURGING 0:00
11.52
▲ 4.9%
▼ 1.24%
16.5×
ORB
$426K
133.3M*
UNEXPLAINED
06
CRCTSURGING 0:00
8.90
▲ 49.2%
▼ 0.72%
15.1×
GAPORBVWHEXT
$395K
54.7M*
STRETCHED
07
BROSSURGING 0:00
43.97
▲ 0.9%
▼ 0.91%
4.0×
FAD
$4.3M
137.9M*
UNEXPLAINED
08
LMRICOOLING 1:35
12.85
▲ 14.5%
▲ 1.06%
132×
ORBHODVWH
$1.7M
—
UNEXPLAINED
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