Marcus & Millichap stock hits 52-week low at $24.93

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Marcus & Millichap’s (MMI) stock recently hit a 52-week low of $24.93, marking a 32.65% decline over the past year due to challenging market conditions. Despite not being profitable in the last twelve months, the company maintains financial stability with an Altman Z-Score of 4.85. Investors are awaiting upcoming earnings on February 13, and the company’s IPA Capital Markets division recently arranged a significant refinancing deal for a luxury multifamily property.

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