Why PennyMac Mortgage Investment Trust (PMT) stock rose 8.7% intraday on Monday, November 2, 2026

PennyMac Mortgage Investment Trust (PMT) traded at $8.12 as of 2:31 PM ET, up 8.73% on Monday, November 2, 2026, on volume of 2,363,735 shares (1.2× its 3-month average); market value about $700.0M.

PMT was among the stocks moving 5% or more in an earlier update that day; by the close it was no longer moving that much.

What happened: primary sources

Events Nexqual found for PMT on Monday, November 2, 2026 or the trading day before (October 30, 2026):

• Nov 2, 2026: Keefe, Bruyette & Woods: Upgrade, Market Perform → Outperform, price target $10.75 → $10

These are listed as context. A filing or rating change on the same day is not proof that it caused the move; read the source.

More on PMT

PMT stock page: price, SEC financials, insider trades, superinvestor holders, analyst estimates and options. Other big moves that day: November 2, 2026.

Sources: SEC EDGAR, Nexqual Earnings Flash, analyst rating changes, Nexqual market data. Built November 4, 2026 at 10:45 UTC. Not investment advice.

Data source: Nexqual. Last updated: November 4, 2026 at 10:45 UTC. This page is informational and not investment advice.

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