At last check, Ashford Hospitality Trust Inc. (AHT) shares were down -3.64% at $5.3 in premarket trading. Tuesday’s closing price for Ashford Trust stock was $5.50, down -9.54% from Monday’s closing price.

Volume for AHT stock was 35.35 million shares, which was higher than the average daily volume of 34.16 million shares over the past 50 days. Following the CEO’s appearance on a TV show, AHT stock plunged.

What did CEO discuss?

Ashford Trust is a highly diversified real estate investment trust (REIT), which invests primarily in full-service luxury hotels.

Ashford Trust announced on Tuesday that its President and CEO, Rob Hays, appeared yesterday on CW33’s program “Morning After”.

In that interview with Dallas-based local television station KRLD, Hays discussed several topics, including:

• The geographical spread of Ashford Trust’s hotel portfolio,
• The transient market Ashford Trust serves, and
• The role leisure travelers play in the recovery of the hotel industry.

The interview included a discussion on how AHT’s CEO is engaging with the investment community on Twitter via the handle @aht_rob. Anchondo and Corning hosted the appearance for CW33’s Morning After. The video of the interview can be viewed here: https://cw33.com/video/rob-hays-interview/6717937.

AHT’s financial standing:

Within the last week, Ashford Trust (AHT) shares fell by -12.28%, following a drop of -39.93% over the past 12 months. AHT stock has gained 60.35% over the past three months, and 41.75% over the past six months. Further, the AHT stock has an outstanding share count of 120.94 million, and has a market cap of $823.90 million.