Creative Media & Community Trust (CMCT) Stock Surges 32.48% Amid Wild December Volatility
Creative Media & Community Trust (NASDAQ: CMCT) has captured market attention with a 32.48% surge, emblematic of the extreme volatility plaguing microcap stocks this December. The REIT's wild price swings—trading between $4 and $8 in a single session—echo the erratic behavior of meme stocks rather than traditional real estate investments.
Investors are zeroing in on CMCT's strategic divestiture of its SBA 7(a) lending division, a $44 million transaction that signals a pivot toward multifamily residential assets. Yet caution lingers: the company's razor-thin $3 million market cap, Leveraged balance sheet, and elevated short interest paint a high-risk profile for momentum traders and long-term holders alike.